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Option Block 273: Trades to Salivate Over

Option Block 273: Trades to Salivate Over

Trading Block: It was a very mild day on the street. How did the holiday weekend volatility play out last week? It’s that time again - the volume numbers are in! Microsoft buys Nokia.

Odd Block: Calls trade in Timken Company (TKR), NetApp Inc (NTAP), Oasis Petroleum Inc. (OAS), and Fastenal Company (FAST).

Strategy Block: What happens when your covered call goes in the money?

Mail Block:

Question from Phillip Kay - What is the ASPs take on Tesla skew? Upside still steep and a good candidate for verticals or has that ship sailed?

Comment from Mark…

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