Option Block 642: The Mystery of LQD Combos

Trading Block: Investors Have Never Been More Short Volatility Futures Odd Block: An update on the Tesla "Catastrophe Puts," call frenzy in Procter & Gamble Co (PG), size bullish combo/conversion/reversal in iShares IBoxx $ Invest Grade Corp. (LQD), and calls trade in Extended Stay America Inc (STAY). Mail Block: More Tesla commentary From Michael Smith - This is an obscene about of OI that far out of the money. From Bart S. - Are those Puts bought or sold? From Gary Paster - A very interesting Collar which I will watch until expiration - Re: TSLA MAR 250/470 strangle that paper bought 400 times last week. Flash Poll: What do you think of the planned launch of cash-settled #Bitcoin futures later this year? 34% - I Can't Wait! 17% - I'm Not Interested! 41% - I'm Somewhat Curious 8% - I'm Waiting for Ethereum Question from Upward Momentum: Is that a good thing you think? #QuestionOfTheWeek: Which #Options Exchange or group has carved out the largest piece of the #Options market so far in 2017? 72% - CBOE/BATS 17% - NASDAQ 3% - NYSE 8% - MIAX & BOX Comment from FContangotrader: Urban Dictionary: Scaramucci Maybe 2-week options should be called Scaramuccis? Comment from Tim A. - For the guy who wrote in about trading with free commissions. What about a box? Around the Block: Earnings! Monday - Marriott Tuesday - The Walt Disney Company, Valeant Pharmaceuticals Wednesday - The Childre's Place, Mylan, Live Nation, Office Depot Thursday - Macys, Kohls, Nordstrom, Blue Apron, Snap Inc., Coca-Cola, Nvidia Friday - JCPenney Also this week: Aug 8: JOLTS Aug 9: Productivity and Costs Aug 10: Jobless Claims, PPI, Treasury Budget Aug 11: Consumer Price Index