Option Block 799: Earnings Palooza Plus Calendar Spreads

TRADING BLOCK VIX - 12.75, 0.5-points higher than last show. SBUX made a new 52 week high. TSLA, 4 of 11 directors expected to leave, and company investigating what appears to be exploding Model S sedan in shanghai. PINS, IPO had offering price of $19 and closed at 24.40. Most active indices - VIX: 139k, SPY: 771k, SPX: 449k Most active equity options - GE, AAPL FB, TSLA, NFLX, TWTR, QCOM, AMD, F, MSFT Earnings Highlights: Tuesday - Twitter, Snap Wednesday - FB, Tesla, Microsoft, Boeing, Chipotle, PayPal Thursday - Amazon, Starbucks       ODD BLOCK Call overwrite in YPF SA (YPF) Crushing put below bid in Sea Ltd (SE) Call overwrite in US Silica Holdings Inc (SLCA)       STRATEGY BLOCK The fidelity discussion topic this week is the common misperceptions of calendar spreads.       AROUND THE BLOCK This Week in the Market Apr 22: Existing Home Sales Apr 23: New Home Sales Apr 25: Jobless Claims, Durable Goods Apr 26: GDP, Consumer Sentiment