Option Block 626: Comey Fails VIX, TSLA Mystery Deepens
Trading Block: Comey talks before the Senate - the markets shrug. VIX still in double digits, barely. Silver and Alibaba.
Odd Block: Puts trade in Tesla Inc. (TSLA), calls trade in CIT Group Inc. (CIT).
Strategy Block: Mike discusses the importance of having different strategies for different underlying, in similar scenarios.
Mail Block/Options Question of the Week:
Weird Fact: #1 $TSLA position= 26,760 Jan 2019 50 P. Weird Fact #2: 10k OI added in last 2 months (200 today). Why buy these puts?
Extreme Catastrophe Hedge
Newsletter Recommendation
Model S Extended Warranty
Only an idiot buys…
The skinny
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