Option Block 533: Brexit Volatility Annihilation

Published: June 21, 2016, 8:33 p.m.

Trading Block: Brexit: Much ado about nothing? Market rallies and VIX Cash sells off 2 handles, Dow jumps 200 points. Is that it for volatility? Goldman slashes stock demand estimates.

Odd Block: Puts trade in Newmont Mining Corp (NEM), calls trade in Credit Suisse Group AG (CS), and puts trade in Community Health Systems (CYH)

Strategy Block: Uncle Mike Tosaw discusses iron condors

Around the Block: Earnings!

  • Tuesday: Adobe Systems Incorporated, CarMax, FedEx Corporation, La-Z-Boy
  • Wednesday: Barnes & Noble, Bed, Bath & Beyond
  • Thursday: Accenture, BlackBerry Limited, Sonic Corp.

RCM Alternatives Event: Beyond The Stock Market: Investing 2.0
Tuesday, June 28, 2016
6:00 pm - 8:00 pm
1871 Auditorium | 222 W. Merchandise Mart Plaza Fl 12 | Chicago, IL

The CBOE & Option Pit Professional Traders Summit
Wednesday & Thursday July 20 & 21, 2016 (VIP session Friday morning July 22nd)
8:30 am to 5:30 pm
Chicago Board Options Exchange | 400 South LaSalle Street | Chicago, IL