Option Block 447: VIX Apocalypse Redux

Published: July 14, 2015, 8:26 p.m.

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Trading Block: July and the VIX weigh heavily on the S&P. U.S. stocks rise after Greece reaches an agreement with creditors. Netflix hits new high price in advance of stock split, earnings. Fitbit shares are in uncharted territory as analysts initiate coverage.

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Odd Block: Puts trade in IAMGOLD Corp. (IAG), calls trade in Marathon Petroleum Corp. (MPC), calls trade in Market Vectors Oil Services (OIH).

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Strategy Block: Tosaw discusses synthetics and his most recent trading strategies.

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Mail Block: Listener questions and comments

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  • Question from Fred - I heard options traders like to have multiple positions in their trading accounts. How many should I have?
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Around the Block: Earnings: Google, Netflix and big banks highlight earnings expectations this week.

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  • Tuesday - JPMorgan, Wells Fargo, Johnson & Johnson, Yum! Brands.
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  • Wednesday - Intel, Netflix, Bank of America, Delta Airlines, US BankCorp, BlackRock, Kinder Morgan, PNC Financial Services.
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  • Thursday - Citigroup, Google, eBay, UnitedHealth Group, America Movil, Blackstone, Goldman Sachs, Philip Morris International, Schlumberger, Advanced Micro Devices, Mattel.
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  • Friday - General Electric, Honeywell
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