
Option Block 590: Earnings Straddle Battle - GOOGL, MSFT, SBUX and More
Trading Block: Earnings!
Before the bell: Southwest, Caterpillar
After the bell: Alphabet, PayPal, E-Trade, Microsoft, Intel
GOOGL - $852.70. ATM Straddle: $34, approx. 4%
MSFT - $64.05. ATM Straddle: $2.75, approx. 4.3%
INTC - $37.6. ATM Straddle: $1.25, approx. 3.3%
PAYPAL - $41.52. ATM Straddle: $2.12, approx. 5%
SBUX - $58.51. ATM Straddle: $2.20, approx. 3.7%
Odd Block: Calls trade in Kate Spade Co. (KATE), calls trade in Technology SPDR (XLK) and puts trade in JPMorgan Alerian MLP index (AMJ)
Strategy Block: Uncle Mike Tosaw discusses dollar-cost averaging
Mail Block: Questions…
The skinny
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