Option Block 637: Talking Earnings with Tubby

The Option Block · Jul 21, 2017 · 1h 1m

Trading Block: Earnings after the bell today:

Ebay - $37.19

Microsoft - $73.81

Earnings season is back! $MSFT & $EBAY are up next. $MSFT ATM Straddle = 3.5%. $EBAY ATM Straddle = 7% Which trade would you make?

Buy $MSFT Straddle 3.5%

Buy $EBAY Straddle 7%

Sell $MSFT Straddle 3.5%

Sell $EBAY Straddle 7%

NFLX Closed $161.70 on 7/17, traded as high as $185 (up $23) the next day.

Odd Block: Put trade in Home Depot Inc (HD) and puts roll in Spider S&P Biotech (XBI).

Strategy Block: Uncle Mike Tosaw discusses call rolls

Mail Block: Listnener questions and comments

Comment from Roger Barone: Please…