Option Block 728: Tariff-Ied of Killer Foxes

Trading Block: Canadian revenge tariff are on the docket today. VIX cash sits above 17. OCC Cleared Contract Volume up 6% in June - the highest June for total options volume on record. It's SPX's 35-year anniversary. Odd Block: July 4 calls in Limelight Networks, Inc. (LLNW), Funky multi-leg in BP Prudhoe Bay Royalty Trust (BPT), Rolling puts in (FLO). Strategy Block: Uncle Mike Tosaw discusses trading short put spreads Mail Block: Options question of the week Traders generally fade volatility going into holidays (today notwithstanding). What's your favorite vehicle when you want to wager on the dark side of volatility? Short-term or Long-term - that's up to you. Short VIX Futures Long $VIX Puts/Spread Long $VXX Puts/Spread Short $VIX Calls/Spreads Around the Block: 'Murica. Mired in tariff talk. Negotiating trade deals is tough!