Option Block 641: Talking AAPL, TSLA and Call Scalping

The Option Block · Aug 4, 2017 · 1h 1m

Trading Block: Apple earnings after the bell on Tuesday. ATM straddle $6, approx. 4%

Options Earnings Poll - $AAPL earnings on Tuesday. The market is pricing a 4% move - approx. $6. Do you think $AAPL can do it?

32% - $6 is Cheap, Buy Straddle

25% - $6 is Rich, Sell Straddle

30% - $6 Seems Fair

13% - Can't Stand $AAPL

Tesla earnings on Wed - $322.87. ATM straddle - $22.50, approx. 7%

Odd Block: Puts trade in Flotek Industries Inc (FTK), calls trade in Mitek Systems, Inc. (MITK), risk reversal in InterActiveCorp (IAC).

Strategy Block: Uncle Mike Tosaw discusses recent trades within his SPY…