Option Block 727: Slinging VIX By Way of Mexico, Maine

Published: June 29, 2018, 4:36 p.m.

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Trading Block: A review of the week in trading

  • VIX Cash - started at 18.99, ended at 16.70
  • Earnings: Nike after the bell - $71.70, ATM straddle - $3.40, approx. 5%

Odd Block: Size money call roll in Devon Energy Corp (DVN). Call vertical in CVS Health Corp (CVS). Size puts in PowerShares DB US dollar Index (UUP)

Strategy Block: Uncle Mike discusses selling a call spread versus selling a call.

Mail Block:

  • Question form Jack Daniels trades: Pump me up $WWE don't fade! Huge TV deal billionsss. Let's go.
  • Question from BuddyBoy79: Can you please explain what relative strength and weakness mean as they pertain to options trading?

Around the Block/This Week in the Market

  • Jun 28: Jobless Claims, GDP
  • Jun 29: Personal Income, Consumer Sentiment
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