Option Block 617: FB and TSLA Earnings Flashback
Trading Block: The Trumpcare bill and French election, how might they affect vol? Tesla: Close - $311, ATM Straddle - $17, approx. 5.5%. Stock off over $20 at the lowest point today, closing off nearly 5%. FB: Close - $151.80, ATM Straddle - $5.63, approx. 3.7% Facebook grew its revenue by 49% during the first three months of the year. Thank you to Steve A for the fan art!
Odd Block: Calls trade in Whiting Petroleum Corp (WLL), puts trade in Alerian MLP Index (AMJ) and puts trade in US Silica Holdings Inc (SLCA).
Strategy Block: Uncle Mike Tosaw discusses his most recent trades and moves from…
The skinny
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