Option Block 753: VIX Prediction Umbrage, Plus AMZN, TWTR and more
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Trading Block: Economic Calendar - Top 5 Things to Watch This Week and U.S. midterms a mere blip on equity options traders\' radar.
Odd Block: Call sale in EnLink Midstream Partners LP (ENLK), puts trade in Mellanox Technologies, Ltd. (MLNX), and risk reversal/collar in Harley-Davidson Inc (HOG)
Mail Block: Options question of the week
Earnings are back with big tech names on the docket. Which of the following will be lighting up your options trading this week? Bonus points for your preferred strategies - e.g. call vertical, straddle, etc.
- Microsoft MSFT
- Amazon AMZN
- Alphabet GOOGL
- Twitter TWTR
Listener questions and comments:
- Comment from Kelly Lef - Thought the user tip to exercise deep ITM calls to save on the spread was a good one. So I checked a few of my stock replacement positions that had gone ITM. Turned out the spreads were fairly similar to the spread on the underlying stock index so the any savings were pretty small. Not really worth the hassle to go through the exercise process. Maybe I\'m just trading a more liquid index than that listener or am I missing something?
Around the Block/This Week in the Markets
- Oct 24 - New Home Sales, Beige Book
- Oct 25 - Durable Goods, International Trade, Jobless Claims
- Oct 26 - GDP, Consumer Sentiment