Option Block 614: Unleash the Liberator Puts

The Option Block · Apr 25, 2017 · 1h 1m

Trading Block: Earnings today

Alcoa: $33, ATM Straddle $2 - approx. 6%

Chipotle: ATM Straddle $25.25, approx. 5.4%

VIX 'fear' gauge plummets as French election results spark global relief rally.

Odd Block: Calls and puts trade in GGP Inc. (GGP), puts trade in Excelon Corp. (EXC) and calls trade in MGM Resorts Intl. (MGM).

Mail Block: QuestionoftheWeek:

Earnings Season is upon us. Big names are reporting soon. Which is your pick for the largest % move post-earnings?

$AMZN

$GOOGL

$CMG

$MSFT

Listner questions and comments:

Follow-up comments from GameDay Dog:

You nailed it. I was assigned on 2…