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Option Block 538: The Hottest Girl at the Dance

Trading Block: Today we have a specail co-host, Steve Claussen, Chief Investment Strategist, OptionsHouse. What do the all-stars discuss?

Earnings today: Alcoa Inc. ATM Straddle approx. $.65-6.5%.

The S&P hits new all-time high, Nasdaq above 5,000.

CBOE to list SPX Monday-expiring Weeklys Options.

Pokemon Go craze sends Nintendo stock soaring.

Odd Block: Short-term bulls go shopping at Macy's (M); calls trade in Sprouts Farmers Market Inc. (SFM); calls trade in Lifelock Inc (LOCK), and; puts trade in Deutsche Bank AG (DB)

Strategy Block: Uncle Mike Tosaw discusses alternatives to covered call…

The skinny

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