Option Block 717: The Dangerous Art of Buying OTM Calls
Trading Block: Earnings!
Tuesday - Kohl's
Wednesday - Lowe's, Target
Thursday - Best Buy
Friday - Foot Locker
Intuit - $191.30, ATM Straddle: $11, approx. 5.7%
Odd Block: Call palooza in PayPal Holdings Inc. (PYPL). Rolling calls in Union Pacific Corporation (UNP). Cheapie calls in Northern Oil & Gas, Inc. (NOG)
Strategy Block: Uncle Mike Tosaw discusses how to profitably buy OTM calls
Around the Block/Economic Reports:
May 23 - New Home Sales, FOMC Minutes
May 24 - Jobless Claims, Existing Home Sales
May 25 - Durable Goods, Consumer Sentiment
If you are interested in what the Federal Reserve…
The skinny
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