Option Block 199: Apple Selloff and Yoga Pants
Trading Block: The mild selloff continues. What is happening with VIX and realized volatility post-election? VIX calls/verticals/ratios vs. SPY puts/verticals/ratios. Does VIX win?\xa0 A big Apple selloff. Is Uncle Mike getting ready to get back in? Dell earnings after hours. Tons of volume coming in for NetApp Inc.
Odd Block: Interesting activity in GameStop Corp. (GME) and Lululemon Athletica, Inc. (LULU).
Xpress Block: Sean Fitzgerald discusses some recent client trades in Apple, the QQQ, a VIX put spread, a SPY call spread, Walmart, and Dell.
Around the Block: Keeping an eye on the metals, GLD and SLV. Best Buy and HP earnings next week.