Option Block 745: Reefer Madness
Trading Block: Earnings and major moves
Oracle Corporation (ORCL) after the bell - $49.25, ATM straddle: $2.75, approx. 5.5%
FedEx Corporation (FDX) after the bell - $255.25, ATM straddle: $8.50, approx. 3.3%
Reefer madness hits the options markets as cannabis shares continue to climb. $TLRY $CORE $MJ
Odd Block: Tesla Inc. (TSLA) put summary, call love in KKR & Co Inc. (KKR), put love in Meet Group Inc. (MEET) and call love in Delek US Holdings Inc. (DK).
Mail Block: Options question of the week
Some people look to analysts for their market outlook. We prefer to analyze actual #options…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.