Option Block 589: Jedi vs. Sith. vs Earnings Season

Trading Block: The Trump Effect: President Donald Trump is set to unleash a cascade of stock-market anxiety - The day of reckoning for the Wall Street is here. McDonalds (MCD) earnings today. Friday close - $122.26; ATM Straddle - $3.52, approx. 3%; Open down $.75, Traded as low as $2.44; No more love for all-day breakfast. Odd Block: Calls and puts trade in Morgan Stanley (MS), calls trade in Home Depot Inc (HD) and calls trade in Lending Club Corp (LC) Mail Block: Questions, Comments, Polls, and more Options #QuestionOfTheWeek Earnings Season awakens! How do you play earnings using options? Are you an Earnings #Jedi or #Sith? 41% - Dark Side (Short Premium) 26% - Light Side (Long Premium) 25% - No Side - Avoid earnings 08% - Other (Reply/DM w/ideas) Options #QuestionOfTheWeek - Lots of earnings on the horizon. Which company will outperform their earnings straddle by the largest margin? Alphabet - $GOOGL Microsoft - $MSFT Intel - $INTC Starbucks - $SBUX Listener questions and comments Comment from Steve Place - CREE it is always CREE Question from Chris - Is there a way to subscribe to your posts as they go up on the website so you can get notified via email or mobile phone? Thanks, Chris Question from Fundconcept - Do you think activist investors opportunities will rise considering their experience with mkt volatility? Around the Block/Earnings Highlights this Week: Tuesday - Alibaba Group, Verizon, Johnson & Johnson, 3M, Kimberly-Clark Wednesday - Boeing, Abbott Labs, eBay, Qualcomm, AT&T Thursday - Alphabet, PayPal, E-Trade, Microsoft, Southwest, Caterpillar, Intel Friday - Honeywell