Option Block 565: Rise of the Widowmaker

The Option Block · Oct 18, 2016 · 1h 4m

Trading Block: Earnings today before the bell:

Bank of America (BAC) leading off before the market opened Monday with a positive result.

Earnings today after the bell:

IBM: $154.50, ADV 23K; Today over 50k, ATM Straddle: $6.50, approx. 4%

Resources mentioned in the show:

OptionsHouse blog

Options market sees Netflix as a coiled spring ahead of earnings

CEO sold millions in Wells Fargo stock before fraud revelations

Odd Block: Calls trade in SPDR KBW Bank (KBE), calls trade in Bank of America Corp (BAC) and calls trade in 3D Systems Corp (DDD)

Mail Block: Listener questions and comments…