Option Block 602: The Ides of Yellen

Trading Block: Are SNAP options set for strong demand on their market debut? Fed kicks off tomorrow. Odd Block: Puts trade in Encana Corp. (ECA), calls trade in Texas Instruments Inc. (TXN) and calls trade in Rio Tinto PLC (RIO) Mail Block: Options #QuestionOfTheWeek - $VIX = 11.50, $SNAP IV30 = 56, $AAPL IV30 = 14, $OIV = 33. If you had to buy #Volatility, which is the best value? $SNAP - aka Tween Vol $AAPL - aka #iPhone Vol $VIX - aka $VIX $OIV - aka #Crude $VIX Listener questions and comments: Question from Anthony Carter - Snap puts, what the heck!? Question from Dr X - I just saw The Big Short, what do you guys think of it? Also, check out Logan if you have not already. Around the Block: Beware the Ides of Yellen. Earnings: Del Taco and Oracle.