Option Block 722: Prepare for the Meeting of the Minds
Trading Block: What is happening in the markets this week?
- Stocks shake off G7 row as investors await US-North Korea summit
- Bitcoin tumbles as hackers hit South Korean exchange Coinrail
- New research shows European demand for US equity options remains strong
Odd Block: Funky closing spread in Owens Corning (OC), call love in BGC Partners, Inc. (BGC) and playing with house money in Beacon Roofing Supply (BECN).
Strategy Block: Uncle Mike Tosaw discusses Bitcoin/crypto future.
Mail Block/Options Question of the week
GoogleTrends is full of interesting, and surprising, data. When you analyze the "options" search data you uncover some surprising results. Which brings us to this week's question: Which "subregion" is currently ranked 1 for overall "options" interest by Google?
- 33% - Illinois
- 23% - California
- 32% - New York
- 12% - Maine
Listener questions and comments:
- Question from EAQ -Can you always rely on the bid ask spread when you're analyzing unusual options activity? Seems like that can be gamed?
Around the Block/This Week in the Market
- Jun 12 - Consumer Price Index, Treasury Budget
- Jun 13 - PPI, FOMC Meeting
- Jun 14 - Jobless Claims, Retail Sales
- Jun 15 - Industrial Production, Consumer Sentiment
Activity