Option Block 439: Rise of the Delta Neutraler

Published: June 12, 2015, 6:41 p.m.

Trading Block: Apples big meeting is a loser for investors - the Apple (AAPL) faithful are breathlessly awaiting the company's latest announcements at its confab starting Monday. But investors know better \u2013 it's a bust. VXX - closed the day at $18 (a change of -2.33%) at a relative volume of 0.95. Lululemon founder, Chip Wilson, files to sell his stake in the company.

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Odd Block: Calls trade in iShares FTSE/Xinhua China (FXI), puts trade in iShares MSCI Germany Index (EWG), and big call buy in DISH Network Group (DISH)

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Mail Block: Listener questions and comments

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  • Question from RJR 357: Are the Options Bootcamps worth it?
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  • Question from Mr. Fed: Can you explain how to use gamma around earnings.
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  • Question from Roger Lee: were the calls sold or bought for Tyco? There are about 14K calls that are expiring in July as well. I'm not sure if it was a buy or sell as well.
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Around the Block: Earnings: Sears, Lululemon.