Apr 28, 2015
Option Block 427: Rocking AAPL Earnings
Trading Block: AAPL earnings after the bell.
AAPL Stats:
· ATM weekly straddle: $7.20 - approx 5.4%.
· ADV: 988K contracts.
· Today: 1.7M contracts.
· Call/put ratio: 2.1/1.
· Net deltas: short 670k.
· Calls sold on bid roughly equal to calls bought on...
Apr 24, 2015
Option Block 426: Hedging Crude Oil Is Not Rocket Science
Trading Block: NASDAQ composite rises above March 2000 record close. Roots of 'flash crash' go back further than you thought at CME. Oil jumps 3 percent, hits 2015 high on Yemen, supply concern. Earnings today include (before the bell): GM, Procter and Gamble,...
Apr 21, 2015
Option Block 425: Scratching Heads & Taking Names
Trading Block: A mild day on the street. IBM Earnings after the bell today - IBM trading around $164.30. Costco stock rises today after upping dividend - reauthorizing $4B buyback program. This is how one trader made millions on Disney - shares of Walt Disney have had a...
Apr 18, 2015
Option Block 424: NFLX and the Roll to Oblivion
Trading Block: The "Widowmaker" rides again - NFLX has a HUGE post-earnings rally, up $56. BATS to file for second U.S. options exchange. IPO: Stock of online marketplace Etsy surges in trading debut. Shares of high-speed trading company Virtu Financial Inc. have risen 17...
Apr 14, 2015
Option Block 423: Unusual Activity Palooza
Trading Block: How traders cashed in big on the GE deal. VIX does record volume - it’s been a while.
Odd Block: Calls trade in Dunkin Brands Group (DNKN), puts trade in Valero Energy Corp. (VLO), calls trade in AT&T (T).
Strategy Block: A special strategy block...