Option Block 699: Rihanna Clabpack Tanks SNAP

Trading Block: Looking back at the week's news: US weekly jobless claims total 226,000, in line with expectations Dow up more than 200 points, attempts to snap 3-session skid, as Boeing's stock rises ToysRUs closing all stores. iHeartMedia files for Chapter 11 bankruptcy. SNAP tanks due to controversial Rihanna ad on platform. Spotify says it will begin trading shares April 3. Strategy Block: Uncle Mike Tosaw discusses limit orders Mail Block: Listener questions and comments Question from Matt M. - Why does Mark always say that Andrew doesn't understand expiration of vertical spreads in SPX? Is that true or some inside joke I missed? Question from Jello Fan - VXX 1-yr 50% OTM puts plus VIX 3 month 15% OTM call verticals - 5 or 10 handles wide. Is that the secret sauce? Around the Block/Economic Reports: Mar 16: Housing Starts, Consumer Sentiment, JOLTS