Option Block 736: New Bat Time, Same Bat Channel
from The Option Block
Trading Block: A week in review from a trading perspective. The 30 handle is in the rear-view mirror for VXX - more puts hotting the tape. OCC Cleared Contract Volume Up 15 Percent in July Earnings: Monday - Tyson, Marriott, Tenet, NeoPhotonics, Vericel Tuesday - Snap, Disney Wednesday - CVS, Roku Thursday - Coca-Cola, Viacom, Dropbox Odd Block: Review from 7/9: Rolling July put spread in iShares Russell 2000 Growth Index (IWO), vertical opening in Endo International PLC (ENDP), and small verticals in Amgen, Inc. (AMGN) Strategy Block: Uncle Mike Tosaw discusses both metals to buy now and WWF Champs from 1984-1988! Mail Block: Volatility quesiton of the week VXX has finally broken through the 30 handle. Many of you are fascinated with the ongoing saga of the $VXX Jan 10 Puts. OI is over 200k and thousands continue to trade for $.01. Our question: Would you trade these puts? Yes: Buy for $.01 Yes: Sell for $.01 No. It's Just Gambling I have enough $VXX Puts Around the Block/This Week in the Markets: Aug 7 - JOLTS Aug 9 - Jobless Claims, PPI Aug 10: Consumer Price Index, Treasury Budget
Embed this episode
No transcript yet.