Option Block 570: Resigned to Groans

The Option Block · Nov 4, 2016 · 1h 1m

Trading Block: Wrapping up the week in options

Earnings this Week:

Alibaba (Wednesday before the bell). Close: $101.15, ATM Straddle: $5.46. Open up: $2.65, Traded up: $2.95.

Facebook (Wednesday after the bell). Close: $127.17, ATM Straddle: $6.68. Open down: $5.17, Traded down: $7.56.

Starbucks. Close: $52, ATM Straddle: $2.45 - 4.7%

OCC cleared contract volume down 13% in October.

Options #QuestionOfTheWeek: Special #Earnings, #Election, #WorldSeries edition $FB ATM strd=$7.30 $VIX=17.20. Which outcome is most likely?

$VIX > 20 before election

$FB beats ATM Straddle

@realDonaldTrump wins…