Option Block 690: Debating XIV and SVXY

The Option Block · Feb 9, 2018 · 1h 1m

Trading Block: A review of the week to date.

VIX back up over 30

S&P is back in selloff mode despite decent earnings.

We are all now living in a post VIX/Monday selloff world.

Everyone is attacking the "Frankenproducts" like XIV and SVXY.

VXX was briefly back above its post-split levels.

Earnings are getting lost in the macro maelstrom - TSLA, CMG, TWTR, SNAP, ETC

Earnings Highlights:

NVDA: ATM Straddle - $18, approx. 8%

ATVI: ATM Straddle - $5.50, approx. 8%

CBOE stock is getting crushed.

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