Option Block 514: The Many Flavors of Skew
Trading Block: The fear gauge just hit an all-time high. Turbulence for Delta Air Lines, Inc.: Two earnings trades for DAL stock. Under Armor selling off over 5% today, and over 50% since last week. Earnings today after the bell: Alcoa, Bank of the Ozarks
Odd Block: Calls trade in SPDR GLD Gold Trust (GLD), puts trade Avon Products, Inc (AVP), and calls trade in Steel Dynamic, Inc (STLD)
Strategy Block: Uncle Mike Tosaw selling a call spread against a stock you own vs. selling a covered call.
Mail Block: Listener questions and comments
Twitter Conversation/Question from @4tee7 - Time to heavy…
The skinny
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