Option Bbock 520: Imagine an Apple Tesla Mashup

The Option Block · May 3, 2016 · 1h 1m

Trading Block: What is going on in the market?

Options #QuestionOfTheWeek:

Earnings Straddles - $AAPL(4.5%), $FB(7%) & $AMZN(8%). Which will be the most accurate?

45% Facebook - Close $108.89 (Straddle. $7.62) - Open $119.57: Difference. $10.68 / 9.8% - Missed by 40%

29% Amazon - Close $602 (Straddle. $48.16), Open $666 - Difference. $64 / 10.6% - Missed by 33% - WINNER!!

24% Apple - Close $104.35 (Straddle.$4.70), Open $96 - Difference. $8.35 / 8% - Missed by 77%

02% Other

Earnings Straddle Battle:

TSLA - $241.75, Approx. 8.3%

BABA - $4.70, Approx. 6%

Odd Block: Call buyer in Direxion Daily…