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Option Block 517: Mega Earnings Spectacular: GOOG, MSFT, SBUX and More

The Option Block
The Option Block
Episode • Apr 22, 2016 • 59m

Trading Block: Earnings!

  • Thursday - (Before the Bell): General Motors Company, Southwest Airlines, Under Armour, Verizon Communications; (After the Bell): Microsoft, Alphabet Inc., E*Trade Financial Company, Starbucks Corporation, Visa Inc.
  • MSFT - $56, ATM Straddle $2.37 - approx. 4.2%
  • GOOG - $756.40, ATM Straddle $41.50 - approx. 5.5%
  • SBUX - $60.77, ATM Straddle $2.25 - approx. 3.7%

Odd Block: Call spread buyers in Marathon Petroleum Corp (MRO), call buying in Tronox Ltd (TROX), and paper buying in Kilroy Realty Corp (KRC)

Mail Block: Listener questions and comments

  • Question from Nick C.: Heard any chatter about CME or CBOE leaving Chicago?
  • Question from Bob: Is the options market the most transparent financial marketplace?
  • Question from Willy: What does the Option Block crew think of the TOS platform? Do you like it for pricing volatility and analyzing the Greeks?

Around the Block: Earnings on Friday - American Airlines, Caterpillar, General Electric Company, Honeywell International, Kimberly-Clark Corporation, McDonald’s Corporation.

This Week in the Market:

  • Monday - National Association of Home Builders' Housing Market Index
  • Tuesday - Commerce Department releases new figures
  • Wednesday - National Association of Realtors existing home sales data
  • Thursday - Weekly jobless claims from the Labor Department

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