Option Block 371: Talking TSLA, SCTY, YHOO and Alibaba
Option Block 371: Talking TSLA, SCTY, YHOO and Alibaba
Trading Block: NOTE: No Alex for the next six weeks. Our thoughts and prayers with him while he undergoes surgery. Alibaba IPO & Yahoo - Barron’s telling people to buy Nov 43-48 call spread to benefit from the IPO. TSLA & SCTY over 10%. A bad day for the wallet of Elon Musk.
Odd Block: Puts filled in The Market Vectors Russia ETF (RSX), puts trade in Commscope Holding Co. (COMM) - newsletter?, calls trade in Itau Unibanco Holding SA (ITUB).
Strategy Block: Ways to defend short premium when there might be a lot of movement in the market…
The skinny
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