Option Block 572: Post-Election Market Madness

The Option Block · Nov 11, 2016 · 1h

Trading Block: Volume in non-U.S. trading hours sets a new daily record. Pharma pop on Hillary loss.

Earnings After the Bell:

DIS - $95.72, ATM Straddle = $2.70, approx. 3%

NVDA - $68, ATM Straddle = $5.40, approx. 8%

JWN - $57.10, ATM Straddle = $4.85, approx. 8.5%

Odd Block: Calls roll in YRC Worldwide Inc (YRC), calls trade in Huntington Bankshares Inc. (HBAN) and calls trade in Financial Select SPDR (XLF)

Strategy Block: Uncle Mike Tosaw discusses what to do when you get called away from a covered call.

Mail Block/Options #QuestionOfTheWeek:

$SPX Weds Weekly straddle says 2% move through…