Option Block 710: You Are All Stupid
Trading Block: VIX down. Vol futures down. Gold vol is very low. 10-year yield at 3%. Metals get the crap kicked out of them.
Earnings: GOOGL - ATM straddle: 54, approx. 5%. More tech earnings to come.
Odd Block: More Jan 2019 50 "catastrophe" puts in Tesla Motors (TSLA). Puts trade in Chicago Bridge & Iron Company (CBI). Calls trade in D. R. Horton Inc. (DHI). Puts trade in CBL & Associates Properties, Inc. (CBL).
Strategy Block: Uncle Mike Tosaw discusses hedging during earnings.
Mail Block: Options question of the week
VIX is back in the mid-teens. Are you buying this Volatility reprieve…
The skinny
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