Option Block 797: TSLA Mysteries and Lyft Surprises Plus Adding Deltas

The Option Block · Apr 16, 2019 · 1m

TRADING BLOCK

VIX : 12.70 - 0.6-points lower than last show.

Most active indices: VIX: 125k, SPY: 713k, SPX: 272k

Most active equity options: DIS, BAC, TSLA, AAPL, AMD, BABA, GE, NVDA, NFLX, WFC

Earnings Highlights:

Netflix (NFLX)

Walt Disney Company (DIS)

ODD BLOCK

Mystery put update in Tesla Inc (TSLA)

STRATEGY BLOCK

This week's topic discusses applying technical analysis to option trading.

MAIL BLOCK

Question from Douglas Tilley - Hello!--Regarding long stock substitution:

1. With call options, are deltas additive? ie. why are (2) 40-delta calls so much cheaper than (1) 80-delta call ?…