TRADING BLOCK

VIX - 12.75, 0.5-points higher than last show.

SBUX made a new 52 week high. TSLA, 4 of 11 directors expected to leave, and company investigating what appears to be exploding Model S sedan in shanghai. PINS, IPO had offering price of $19 and closed at 24.40.

Most active indices - VIX: 139k, SPY: 771k, SPX: 449k

Most active equity options - GE, AAPL FB, TSLA, NFLX, TWTR, QCOM, AMD, F, MSFT

Earnings Highlights:

Tuesday - Twitter, Snap

Wednesday - FB, Tesla, Microsoft, Boeing, Chipotle, PayPal

Thursday - Amazon, Starbucks

 

 

 

ODD BLOCK

Call overwrite in YPF SA (YPF)

Crushing put below bid in Sea Ltd (SE)

Call overwrite in US Silica Holdings Inc (SLCA)

 

 

 

STRATEGY BLOCK

The fidelity discussion topic this week is the common misperceptions of calendar spreads.

 

 

 

AROUND THE BLOCK

This Week in the Market

Apr 22: Existing Home Sales

Apr 23: New Home Sales

Apr 25: Jobless Claims, Durable Goods

Apr 26: GDP, Consumer Sentiment