Option Block 742: FB Crazy Calls Plus TSLA, AAPL and Rickets

Trading Block: VIX is back to 14, and VXX is back below 30. Earnings. If Apple made phone in U.S. they would cost 20% more, according to BAML analyst. SEC rejects bitcoin ETFs. Odd Block: Upside calls in Altice USA Inc. (ATUS), short puts in PagSeguro Digital Ltd (PAGS) from 4-16, and size calls in Regions Financial Corp (RF) from 2-26. Mail Block: Listner questions and comments Question from EB18 - What do you think of $FB calls profiled on Options Action last week? Question from Anzew - If I go out of the money with my options are they more sensitive to price movements in the stock? I've had out of the money positions move over 25% when the stock only moved 5%. Around the Block/This Week in the Markets Sep 10: JOLTS Sep 11: PPI Sep 12: CPI, Jobless Claims, Treasury Budget Sep 13: Retail Sales, Consumer Sentiment