Option Block 588: Trump Dump, VIX Pop, NFLX Explosion
Trading Block: Stocks tumble ahead of Trump inauguration - Dow off 100. Netflix: Another crazy earnings for NFLX. Close = $133.26, straddle = $12.60 / 9.5%. Spiked to $145 in the after-hours, opened at $142 today. How a one-two, Trump-Yellen punch may move interest rates.
Strategy Block: Uncle Mike Tosaw discusses the importance of event risk
Odd Block: Puts trade in 3D Systems Corp (DDD); Calls trade in Avon Products, Inc (AVP); Calls trade in Union Pacific Corp (UNP)
Mail Block/Options QuestionOfTheWeek:
Earnings Season awakens! How do you play earnings using options? Are you an Earnings…
The skinny
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