Option Block 272: Presidential Rope-A-Dope, or Bags of Money
Option Block 272: Presidential Rope-A-Dope, or Bags of Money
Trading Block: Labor Day weekend is nearly upon us. VIX cash above the 16-handle. Jobless claims are down, as expected. HFT and algos appear to have had a negligible impact on the vol of major futures contracts.
Odd Block: Puts trade in Garmin ltd. (GRMN) Calls buyers in Taiwan Semiconductor Mfg. (TSM).
Mail Block:
Question from Mike - I have been watching Dollar General for a while. What do you mean by the seller could be using an up-tick in volatility going into earnings for a better sale?
Question from Tim C. - Is it true if I…
The skinny
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