Option Block 532: Dead Pro Wrestlers. And Brexit

The Option Block · Jun 17, 2016 · 1h 1m

Trading Block: Fed keeps rates unchanged, lowering odds for future hikes. Weak Nonfarms number derailed any Fed plans to raise in June. Earnings today: (before the bell) Oracle Corporation; (after the bell) the Kroger Co, Rite Aid Corporation.

CME Fedwatch tool:

July probability: 7%

Sep: 29%

Nov: 31%

Dec: 47%

Options Question of the Week: $VIX surging ahead of FOMC, but for how long? Where will $VIX cash close Friday 6/17?

19% - 18-20 range

47% - 15-17.99 range (Winner)

25% - Above 20

09% - Below 15

Odd Block: Calls trade in Activision Blizzard Inc. (ATVI), calls trade in iShares Barclays 20+…