Options Block 804: VIX Spikes... Then Dies

Published: May 10, 2019, 4:31 p.m.

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TRADING BLOCK

Trade war premium is back

Most active indices - VIX: 564k, SPY: 2.16M, SPX: 825k

Most active equity options - AAPL, INTC, DIS, AMD, ROKU, FB, BABA, BAC, TSLA, AMZN

Uber IPO pricing at the middle of its range.

Earnings Highlights

Friday:\\xa0JD.com (JD), Marriott International (MAR), Tribune Media (TRCO), Viacom (VIAB) before market open

Uber IPO on Friday, May 10.

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ODD BLOCK

Lits puts in Apple Inc (AAPL) - from 3-21

Put love in Barclays PLC (BCS)

Put love in Nordstrom, Inc. (JWN)

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MAIL BLOCK

#Options #QOTW - Looks like the #TradeWar premium is back in effect. $VIX is back over 22. Our question this week is will this premium last? Quite simply - where will $VIX close NEXT Friday 5/17?

Here: 21-23

Higher: >23

Lower: 19-21

Still Lower: <19

Question from KO - You guys buying this $VIX pop here?

Question from Tela - Question for Fidelity Hot Seat host - does Fidelity offer zero commissions when closing out short option trades below $.10?

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AROUND THE BLOCK

This week in the market:

May 9: Jobless Claims, International Trade, PPI

May 10: CPI, Treasury Budget

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