Option Block 795: OTM Gamma, New TSLA Puts, VIX and More
\xa0
TRADING BLOCK
VIX - 13.3
Boeing cutting production, down around 4%.
TSLA - Jefferies cuts price target to $400 from $450, up 1%.
LYFT options update - $72.75, 15k today, ADV: 64k, Total 86k (54k Calls, 32k Puts)
Most active equity options - GE, AAPL, SNAP, BA, TSLA, AMD, BABA, FB, NVDA, CVE
\xa0
\xa0
\xa0
ODD BLOCK
Call love in (BP)
Upside call roll in Lowes (LOW)
Upside call overwrite in AGNC Investment Corp (AGNC)
\xa0
\xa0
\xa0
STRATEGY BLOCK
Uncle Mike Tosaw discusses out of the money gamma
\xa0
\xa0
\xa0
MAIL BLOCK
Broker Madness!!! Final 4 voting continues until the end of today.
Question from Fidelity Customers - What should I know before trading options on the VIX/volatility products?
\xa0
\xa0
\xa0
AROUND THE BLOCK
This week in the market
Apr 9: JOLTS
Apr 10: CPI, FOMC Minutes
Apr 11: Jobless Claims, PPI
Apr 12: Import and Export Prices
Apr 13: Consumer Sentiment