Trading Block: A look back at the week in trading

• Tariff Man spooks the market…again.
• Exchanges were closed on Wednesday, December 5 in observance of a National Day of Mourning for the late George HW Bush.
• Netflix blew $100M on Friends reruns for one year!

Most active this week:

• SPY - 3.01M (ADV 1.43M)
• VIX - 476K

Earnings Highlights:

• Tuesday - Dollar General, HP
• Wednesday - Five Below
• Thursday - The Kroger Co., Broadcom, Michaels, Ulta
• Friday - Big Lots

Odd Block: Tesla put summary, opening Dec put love in Signet Jewelers Ltd. (SIG), opening Jan put love in Teradyne, Inc. (TER), and opening Feb call love in Lennar Corporation (LEN)

Mail Block: Listener questions and comments

• Question from Daleon - Hey! I'm something of an options noob but I'm learning from listening to you guys. Still haven't pulled the trigger on my first trade. My question - what's the best and easiest starting point for noobs? I mostly have SPY in my portfolio right now. Is it selling calls on SPY? Am I correct that those calls would be considered covered? Fun show. Also liking the playbook program.

Around the Block/This Week in the Markets:

• Dec 7 - Unemployment, Consumer Sentiment