Option Block 818: The Volatility Smackdown on VIX, BYND, WWE and More

The Option Block · Jul 2, 2019 · 1h 3m

TRADING BLOCK

We got a little bit of insight into the trade war - no new tariffs.

North Korea stole all the trade war thunder over the last weekend.

S&P had best June performance since 1955.

MU up around 6%

Financial (XLF) and China (FXI) ETF's up on trade news and bank stock buyback announcements.

NVDA, MU, AMD, (Chip makers and trade talks) AMZN,& AAPL - no surprises, often on the list of most traded.

Most active indices - VIX: 366k, SPY: 1.7M, SPX, 720k

Most active equity options - AAPL, BABA, MU, TSLA, AMD, BAC, FB, NVDA, T, MSFT

ODD BLOCK

Covered calls in Element Solutions Inc (ESI)

Put…