
Option Block 517: Mega Earnings Spectacular: GOOG, MSFT, SBUX and More
Trading Block: Earnings!
Thursday - (Before the Bell): General Motors Company, Southwest Airlines, Under Armour, Verizon Communications; (After the Bell): Microsoft, Alphabet Inc., E*Trade Financial Company, Starbucks Corporation, Visa Inc.
MSFT - $56, ATM Straddle $2.37 - approx. 4.2%
GOOG - $756.40, ATM Straddle $41.50 - approx. 5.5%
SBUX - $60.77, ATM Straddle $2.25 - approx. 3.7%
Odd Block: Call spread buyers in Marathon Petroleum Corp (MRO), call buying in Tronox Ltd (TROX), and paper buying in Kilroy Realty Corp (KRC)
Mail Block: Listener questions and comments
Question from Nick C…
The skinny
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