Option Block 742: FB Crazy Calls Plus TSLA, AAPL and Rickets

Published: Sept. 10, 2018, 9:48 p.m.

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Trading Block: VIX is back to 14, and VXX is back below 30. Earnings. If Apple made phone in U.S. they would cost 20% more, according to BAML analyst. SEC rejects bitcoin ETFs.

Odd Block: Upside calls in Altice USA Inc. (ATUS), short puts in PagSeguro Digital Ltd (PAGS) from 4-16, and size calls in Regions Financial Corp (RF) from 2-26.

Mail Block: Listner questions and comments

  • Question from EB18 - What do you think of $FB calls profiled on Options Action last week?
  • Question from Anzew - If I go out of the money with my options are they more sensitive to price movements in the stock? I\'ve had out of the money positions move over 25% when the stock only moved 5%.

Around the Block/This Week in the Markets

  • Sep 10: JOLTS
  • Sep 11: PPI
  • Sep 12: CPI, Jobless Claims, Treasury Budget
  • Sep 13: Retail Sales, Consumer Sentiment
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