Option Block 573: Tesla Tailspin and Dubious DRYS

The Option Block · Nov 15, 2016 · 1h 5m

Trading Block: U.S. stock market Trump rally loses steam. Oil gets left behind in post-Trump rally. Trump presidency raises questions on the future of Wall St. regulation.

Odd Block: Calls trade in Canadian Natural Resources LTD (CNQ), calls trade in Financial Select SPDR (XLF) and calls trade in Square Inc (SQ)

Mail Block/Options #Question of the Week:

$TSLA ($182.50, down 3%, IV30:41, HV30:31) Straddle says $8.20 move (4.5%) by Friday close. How much will $TSLA actually move

In line: ($8-$8.50)

Beat Straddle: > $8

Less than Straddle:

Sick of #Musk / $TSLA

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