Option Block 628: Fed, Trump Tantrums And Closing Your Longs
Trading Block: The Federal Reserve announced a quarter-point rate hike Wednesday as expected. The market keeps shrugging off news about Trump. The news deluge, with its quasi facts, is making people numb.
Odd Block: Puts trade in Tesla Motors (TSLA), puts roll in Yamana Gold Inc (AUY) and puts trade in Accelerate Diagnostics, Inc. (AXDX).
Strategy Block: Uncle Mike Tosaw discusses closing out long SPY call spreads
Mail Block: VIX Limbo
Last Month 40+% of you said $VIX wouldn't break 9 in 2017. But recent events have us asking again: How low will $VIX get in 2017?
Still Won't Break 9
Won't…
The skinny
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