Option Block 619: Look Out Below

The Option Block · May 12, 2017 · 1m

Trading Block: Yesterday's earnings: SNAP. Today's Earnings: Macys, Kohls, Nordstrom.

Strategy Block: Uncle Mike Tosaw discusses horizontal ratio spreads

Mail Block: Listener questions and comments

Options Question Of The Week: This volatility implosion is starting to make people nervous. $VIX #Limbo Time: How Low Can It Go in 2017?

9.0 is the bottom (38%)

No lower than 8.5 (18%)

Cannot get below 8.0 (15%)

Question from Fund Concept: Doubt that Trump will get rid of H1Bs considering global talent is crucial for U.S economy. Any thoughts?

Around the Block/This Week in the Market:

May 11…