Option Block 603: Musk Magic
Trading Block: The stock market slipped following Fed rate-hike rally, declining in oil prices. The U.S. equity benchmarks slipped Thursday as investors reconsidered the Wednesday rally.
Odd Block: Calls trade in GoPro Inc (GPRO), calls trade in Hecla Mining Co. (HL) and calls trade in Momo Inc (MOMO)
Strategy Block: Andrew Giovinazzi discusses closing trades in his strategy block debut.
Mail Block: Options #QuestionoftheWeek
$VIX = 11.50, $SNAP IV30 =56, $AAPL IV30 = 14, $OIV= 33. If you had to buy #Volatility-which is the best value?
22% - $SNAP - aka Tween Vol
19% - $AAPL - aka #Iphone Vol…
The skinny
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