Option Block 816: More Exciting Than Pee Wee Baseball
TRADING BLOCK
Market up and Vol up again too.
VIX - 15.5, VVIX - 82.5
Most active indices: VIX - 157k, SPY - 840k, SPX: 519k
Earnings:
Tuesday\xa0- FedEx, Lennar
Wednesday\xa0- General Mills, KB Home, Paychex, Rite Aid
Thursday\xa0- Nike, Walgreens Boots Alliance
Friday -\xa0Constellation Brands
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ODD BLOCK
Covered calls in Caesars Entertainment Corporation (CZR) Long-term call love in Mallinckrodt PLC (MNK)
Call love in Laureate Education Inc (LAUR)
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STRATEGY BLOCK
Uncle Mike Tosaw discusses box spreads
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MAIL BLOCK
#QuestionoftheWeek: Let's play a guessing game. Which of the following names has the highest 30-day REALIZED volatility? No cheating. What does your gut tell you?
- 38% - $TSLA
- 30% - #BITCOIN
- 28% - #WTI #CRUDE OIL
- 4% - $QQQ
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AROUND THE BLOCK
This Week in the Market:
Jun 25 - New Home Sales, Consumer Confidence
Jun 26 - Durable Goods, International Trade
Jun 27 - Jobless Claims, GDP
Jun 28 - Personal Income, Consumer Sentiment