Option Block 642: The Mystery of LQD Combos
Trading Block: Investors Have Never Been More Short Volatility Futures
Odd Block: An update on the Tesla "Catastrophe Puts," call frenzy in Procter & Gamble Co (PG), size bullish combo/conversion/reversal in iShares IBoxx $ Invest Grade Corp. (LQD), and calls trade in Extended Stay America Inc (STAY).
Mail Block: More Tesla commentary
From Michael Smith - This is an obscene about of OI that far out of the money.
From Bart S. - Are those Puts bought or sold?
From Gary Paster - A very interesting Collar which I will watch until expiration - Re: TSLA MAR 250/470 strangle that paper bought 400…
The skinny
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