Option Block 769: Fed Doesn't Care About Volatility
TRADING BLOCK
Fed raises rates again - hints at slower raises to come, but not enough for the markets. Chair Powell pretty much says the Fed doesn\u2019t need to respond to Trump or the market.
Most active:
SPY - 3.54M (ADV 3.72M)
VIX - \xa0177k (584K ADV)
Earnings Highlights:
Thursday - Conagra, Nike
Friday - Carmax
\xa0
\xa0
ODD BLOCK
Tesla put summary
Call love in (PG)
Call love in (EXEL)
Put love in (GNW)
\xa0
\xa0
\xa0
MAIL BLOCK
#Options #QOTW - Which upcoming #Volatility product are you most excited about trading in 2019? Or are you content to stay with the original despite lingering issues?
- #SPIKES
- #Realday/ #RealVol
- #Voldex/ #Skewdex
- I\u2019ll stick with $VIX
\xa0
Comment from StockCats - 6 trading days left in the year\u2026
Comment from TinSoldier -\xa0RE: Disney - Stock buybacks are not happening, but you have to be blind not to see future growth in every business segment(media, parks, studio)
Comment from Danny_Desert - RE: Disney - I can give a couple trillion why it won\u2019t.
Comment from Koopus - Recent market jolts is when fake & bloated stocks like TSLA will race to the bottom!
Comment from PaulDrew2006 - Uncle Mike\u2019s comment that this is a market for crazy people - Not really, smart people will be buying a sale
Comment from Scott Somer:\xa010,000 Jan 18th $XLF 22 puts have traded\u2026.$SPY STILL has 5 dollar expected move in Dec 21 cycle.
\xa0
\xa0
AROUND THE BLOCK
\xa0