Option Block 518: Earnings Preview: AAPL, AMZN, FB and More

Published: April 26, 2016, 5:32 p.m.

Trading Block: Stocks drop ahead of earnings onslaught. Traders\nmay just be forced to unwind all those VIX bets.

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  • Earnings today before the bell: Xerox, Haliburton
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  • Earnings today after the bell: The Container Store
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  • AAPL - ATM straddle: $4.90, approx. 4.6%
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  • FB - ATM straddle: $8, approx. 7.2%
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  • AMZN - ATM straddle: $49.50, approx. 7.9%
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Odd Block: Calls trade in Health Care SPDR (XLV), calls trade in\nBankRate Inc. (RATE), and calls trade in Dollar Tree Inc (DTLR)

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Strategy Block: Uncle Mike Tosaw discusses dollar cost\naveraging.

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Around the Block: Earnings!

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  • Tuesday - Apple, Fiat Chrysler, 3M Company, Ally Financial,\nBuffalo Wild Wings, Canon, Chipolte Mexican Grill, ebay, Eli Lilly\n& Co, Hershey Company, JetBlue, Office Depot, Panera, Procter\n& Gamble, Spirit Air, Whirlpool
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  • Wednesday - Facebook, Boeing, Hilton, Nasdaq, Six Flags,\nSpeedway Motorsports,
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  • Thursday - Amazon (after bell), Ford Motor Company (before\nbell), CME (before bell), Coca-Cola (before bell)
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  • Also, the Fed breaks from its two-day policy meeting Wednesday\nat 2 p.m. ET and investors around the globe will be watching to see\nwhat the U.S. central bank says about the timing of its next\ninterest rate.
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