Podcasts Business The Option Block Option Block 427: Rocking AAPL Earnings

Option Block 427: Rocking AAPL Earnings

Published: April 28, 2015, 11:45 p.m.

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Option Block 427: Rocking AAPL Earnings

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Trading Block: AAPL earnings after the bell.

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AAPL Stats:

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\\xb7\\xa0 ATM weekly straddle: $7.20 - approx 5.4%.

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\\xb7\\xa0 ADV: 988K contracts.

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\\xb7\\xa0 Today: 1.7M contracts.

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\\xb7\\xa0 Call/put ratio: 2.1/1.

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\\xb7\\xa0 Net deltas: short 670k.

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\\xb7\\xa0 Calls sold on bid roughly equal to calls bought on ask - puts also evenly divided.

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\\xb7\\xa0 AAPL volatility bets surge in options market as buyback beckons.

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Investors seek protection against healthcare stock decline - Healthcare companies on a seven-year tear have been top performers so far in 2015. Love \\u2019em or Hate \\u2019em, China Stocks Are Red Hot in Options Market - Bearish options bets on the Deutsche X-trackers Harvest CSI 300 China A-Shares ETF.

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Odd Block: Calls go up in iShares MSCI Taiwan Index (EWT), call blocks trading in Joy Global Inc. (JOY), and OTM puts trade in Direct TV (DTV)

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Strategy Block: Tosaw discusses hedging AAPL and other earnings strategies.

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Mail Block: Listener questions and comments

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  • Question from Cab 65 - What account size do you recommend to sell wide iron condors?
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Rock Block: In which the all-stars discuss movies in the Michael Bay oeuvre. Let us know your thoughts on Facebook, Twitter, or by email

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Which Nicholas Cage movie is the best?

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  1. The Rock
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  2. Con Air
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  3. Face Off
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Who does the best \\u201cWelcome to the rock\\u201d interpretation?

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  1. Uncle Mike
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  2. \\xa0The greasy meatball
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  3. Mark \\u201cthe voice of options\\u201d Longo
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Around the Block: Earnings: AAPL & other earnings expected to dominate the week of April 27.

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