Option Block 795: OTM Gamma, New TSLA Puts, VIX and More

Published: April 9, 2019, 1:53 p.m.

b'

\\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

'