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Option Block 401: Apple vs. Swiss Franc

Option Block 401: Apple vs. Swiss Franc

Trading Block: Switzerland stuns markets by giving up on currency peg. Big moves in gold. The Tesla free fall: Elon Musk now $2.8B poorer. US stocks head lower; crude oil price falls again. Intel moving up again.

Odd Block: Puts go up in Taiwan Semiconductor Mfg (TSM), calls roll in WeyerHaeuser Co. (WY), and size call buyer in Brisol-Meyers Squibb Co. (BMY)

Startegy Block: Uncle Mike discusses long SPY positions

Mail Block: Listener questions

Question from Faye Cuzername - On 10/24 I bought 2 Dec 305/315/325 call fly in AMZN for $0.91. Stock moved…

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