Trading Block: Investors Have Never Been More Short Volatility Futures
Odd Block: An update on the Tesla "Catastrophe Puts," call frenzy in Procter & Gamble Co (PG), size bullish combo/conversion/reversal in iShares IBoxx $ Invest Grade Corp. (LQD), and calls trade in Extended Stay America Inc (STAY).
Mail Block: More Tesla commentary
- From Michael Smith - This is an obscene about of OI that far out of the money.
- From Bart S. - Are those Puts bought or sold?
- From Gary Paster - A very interesting Collar which I will watch until expiration - Re: TSLA MAR 250/470 strangle that paper bought 400 times last week.
Flash Poll: What do you think of the planned launch of cash-settled #Bitcoin futures later this year?
- 34% - I Can't Wait!
- 17% - I'm Not Interested!
- 41% - I'm Somewhat Curious
- 8% - I'm Waiting for Ethereum
Question from Upward Momentum: Is that a good thing you think?
#QuestionOfTheWeek: Which #Options Exchange or group has carved out the largest piece of the #Options market so far in 2017?
- 72% - CBOE/BATS
- 17% - NASDAQ
- 3% - NYSE
- 8% - MIAX & BOX
Comment from FContangotrader: Urban Dictionary: Scaramucci Maybe 2-week options should be called Scaramuccis?
Comment from Tim A. - For the guy who wrote in about trading with free commissions. What about a box?
Around the Block: Earnings!
- Monday - Marriott
- Tuesday - The Walt Disney Company, Valeant Pharmaceuticals
- Wednesday - The Childre’s Place, Mylan, Live Nation, Office Depot
- Thursday - Macys, Kohls, Nordstrom, Blue Apron, Snap Inc., Coca-Cola, Nvidia
- Friday - JCPenney
Also this week:
- Aug 8: JOLTS
- Aug 9: Productivity and Costs
- Aug 10: Jobless Claims, PPI, Treasury Budget
- Aug 11: Consumer Price Index