Option Block 727: Slinging VIX By Way of Mexico, Maine
Trading Block: A review of the week in trading
- VIX Cash - started at 18.99, ended at 16.70
- Earnings: Nike after the bell - $71.70, ATM straddle - $3.40, approx. 5%
Odd Block: Size money call roll in Devon Energy Corp (DVN). Call vertical in CVS Health Corp (CVS). Size puts in PowerShares DB US dollar Index (UUP)
Strategy Block: Uncle Mike discusses selling a call spread versus selling a call.
Mail Block:
- Question form Jack Daniels trades: Pump me up $WWE don't fade! Huge TV deal billionsss. Let's go.
- Question from BuddyBoy79: Can you please explain what relative strength and weakness mean as they pertain to options trading?
Around the Block/This Week in the Market
- Jun 28: Jobless Claims, GDP
- Jun 29: Personal Income, Consumer Sentiment
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