Option Block 488: A Bold Way to Make Twenty-Five Cents
Trading Block: The S&P 500 surged 2.8 percent last week, buoyed by gains in oil and raw-material companies, some of the year’s least-loved stocks. VIX jumped 14 percent Monday to 17.91. Oil led an early retreat among commodities Monday, sliding more than 3 percent from a three-week high as Iran repeated its goal of boosting exports after sanctions on the country are lifted.
Odd Block: Calls trading in Royal Caribbean Cruises Ltd (RCL), calls trade in Franklin Resources Inc (BEN), puts trade in Zillow Group, Inc. Class C (Z)
Strategy Block: Uncle Mike Tosaw discusses evaluating your overall…
The skinny
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