Option Block 594: Sports Retail Is Sexy. Who Knew?

Published: Feb. 10, 2017, 6:15 p.m.

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Trading Block: Oil prices prop up Wall Street; NASDAQ hits record high. MIAX launches 15th options exchange with MIAX-Pearl.

Earnings Today:

  • Before the bell: Coca-Cola, Dunkin Brands Group, Twitter, Viacom
  • After the bell: Activision, Nvidia, Zinga

DIS (earnings on Tuesday): Close: $109 - ATM straddle: $3.50, approx. 3.2%; Open: $109.52 - traded as high as $11.42, up 2.2%

Other earnings earlier this week:

  • Tuesday:General Motors, Walt Disney Company, Take Two Interactive
  • Wednesday: GrubHub, Time Warner

Odd Block: Calls trade in Foot Locker Group (FL), calls trade in Chesapeake Energy Co (CHK) and calls trade in Dicks Sporting Goods Inc (DKS)

Strategy Block: Uncle Mike Tosaw discusses his recent trades in Chevron.

Mail Block: Options #QuestionOfTheWeek - With so many different #Options expiration cycles available (weekly, etc) - which duration do you prefer?

  • Longer than 1 month
  • Monthly
  • Weekly
  • Daily/Intra-day

Listener Questions

  • Question from EdwardUhs - Hey guys, what do you think about CMG? (from Mixlr chat on Monday 2/6)

Around The Block/This Week in the Market:

  • Quarterly earnings continue to roll in as expected economic reports are very slow up until Friday.
  • Feb 9: Jobless Claims
  • Feb 10: Import and Export Prices, Consumer Sentiment, Treasury Budget

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