Option Block 640: Leprechauns v. Trolls v. Apple
Trading Block: AAPL earnings after the bell on Tuesday. ATM straddle $6, or approximately 4%.
Options Earnings Poll: $AAPL earnings on Tuesday. The market is pricing a 4% move, which is approximately $6. Do you think $AAPL can do it?
$6 is Cheap- Buy Straddle
$6 is Rich- Sell Straddle
$6 Seems Fair
Can't Stand $AAPL
Odd Block: Puts trade in Altria Group Inc (MO), puts trade in Pantheon NV (PTHN)
Mail Block: Listener Questions and Comments
Comment from Shawn St.Peter - I think someone would buy those puts like a life insurance policy if for any reason something happened to Elon Musk, Tesla…
The skinny
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