
Option Block 708: VIX Is Dead...Long Live VIX
Trading Block: What is happening that might move the markets?
Calm coming soon? A silent Trump Twitter account helps.
A calmer backdrop for equities would bring pain to speculators, or more kindly, reduce the value of their hedges.
Earnings Season Is Set to Crush Volatility Once Again
Earnings:
Monday - Netflix (after the bell) $307, ATM straddle $28, approx. 9%
Tuesday - IBM, Johnson & Johnson, United
Wednesday - American Express, Alcoa, Abbott
Thursday – E*Trade
Friday - GE, P&G, Honeywell, Waste Management
Odd Block: More Jan 2019 50 "catastrophe" puts in Tesla Motors (TSLA). Closing roll…
The skinny
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