Option Block 603: Musk Magic

Trading Block: The stock market slipped following Fed rate-hike rally, declining in oil prices. The U.S. equity benchmarks slipped Thursday as investors reconsidered the Wednesday rally. Odd Block: Calls trade in GoPro Inc (GPRO), calls trade in Hecla Mining Co. (HL) and calls trade in Momo Inc (MOMO) Strategy Block: Andrew Giovinazzi discusses closing trades in his strategy block debut. 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? 22% - $SNAP - aka Tween Vol 19% - $AAPL - aka #Iphone Vol 35% - $VIX - aka $VIX 24% - $OIV -aka #Crude $VIX Listener questions and comments: Question from NanFran - Tomorrow is a triple witching hour. What does that mean for options? Question from Goose - What is the difference between weekly options and standard options? Around the Block/This Week in the Market: Mar 17: Industrial Production, Consumer Sentiment