Option Block 619: Look Out Below

Trading Block: Yesterday's earnings: SNAP. Today's Earnings: Macys, Kohls, Nordstrom. Strategy Block: Uncle Mike Tosaw discusses horizontal ratio spreads Mail Block: Listener questions and comments Options Question Of The Week: This volatility implosion is starting to make people nervous. $VIX #Limbo Time: How Low Can It Go in 2017? 9.0 is the bottom (38%) No lower than 8.5 (18%) Cannot get below 8.0 (15%) Question from Fund Concept: Doubt that Trump will get rid of H1Bs considering global talent is crucial for U.S economy. Any thoughts? Around the Block/This Week in the Market: May 11: Jobless Claims, PPI May 12: Consumer Price Index, Retail Sales, Consumer Sentiment