Option Block 813: Where VIX Goes To Die

TRADING BLOCK VIX - 15.80, Still locked near the 16 handle Most active indices - VIX - 240k, SPY - 804k, SPX - 333K, Most active equity options: DIS, AAPL, AMD, TSLA, FB, LULU, GE, NFLX, AMZN, BABA  SPY goes ex-div on June 21 Earnings: Tuesday - Dave & Busters Wednesday - Lululemon Thursday - Broadcom     ODD BLOCK Call love in Tellurian Inc (TELL) Call love in EQT Corporation (EQT)     MAIL BLOCK #Options #QuestionoftheWeek - #Bitcoin $BTC is hovering around $8500 right now. If you had to make a 1-month #options trade expiring 6/31 - would you rather... - Buy $9000 Call - Buy $8000 Put - Sell $8000 Put - Other - reply/dm w/strat The hilarious story of /u/1R0NYMAN and Robin Hood. SirSoliloquy - What's hilarious is that, with the way robinhood is set up, /u/1R0NYMAN was somehow able to cash out $10,000 of robinhood's money before everything disappeared. So robinhood lost hundreds of thousands, but /u/1RONYMAN gained thousands TheRealOneTwo - Basically Robin hood screwed up. They were giving people leverage without margin. Basically saying you are good for $200k in trades though you only had $1k in the account. No agreement for a loan (margin). Trader was shortboxing and lost. The actual risk to him was nothing since he did not agree to a loan (will be determined by the SEC). Robin hood is on the hook for his losses. RH has since blocked shortboxing.     AROUND THE BLOCK This Week in the Market: Jun 13 - Jobless Claims, Import and Export Prices Jun 14 - Retail Sales, Consumer Sentiment