Trading Block: Someone has the gall to downgrade Tesla, but the stock still rallies. OCC Cleared contract volume increased 1% in November. It was the highest November ever for options volume.

Odd Block: Jan 2019 50 "Catastrophe" puts in Tesla Motors Inc. (TSLA) Paper doubling down in (JBLU). Calls trade in Union Pacific Corp (UNP). Puts trade in Amgen, Inc. (AMGN).

Strategy Block: Uncle Mike Tosaw discusses how to trade skew.

Mail Block: Options question of the week.

The war for Bitcoin Derivatives is heating up again. CME Group is launching futures on 12/18. CBOE just announced a 12/10 launch date. Not enough? Nasdaq also announced futures w/ for a planned Q2 2018 launch. With so many choices-How will you trade Bitcoin in 2018?

• CBOE Futures 12/10
• CME Futures 12/18
• Nasdaq Futures Q2 2018
• "Old School" Bitcoin

Listener Question:

• Question from Scott Somer -How would movement to treat capital gains to FIFO for the underlying stocks be good or bad for the options market?

Around the Block/Economic Reports:

• Dec 7: Jobless Claims
• Dec 8: Unemployment, Consumer Sentiment