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Option Block 689: It's The End of the World

The Option Block
The Option Block
Episode • Feb 6, 2018 • 1h 5m

Trading Block: Dow loses over 1,000 points on the day. SPX opened at 2,683 on Jan 2. VIX cash now threatening 35! XBT below $7000; good thing for "uncorrelated assets."

Earnings Highlights this Week:

  • Tuesday - GM, Snap Inc., Walt Disney Company
  • Wednesday - Tesla, ICE
  • Thursday - Twitter, Nvidia, Activision/Blizzard
  • Friday - CBOE

Odd Block: From last Monday: Near-term call paper in (CL)

Mail Block: Question of the week

Holy Crap! $VIX is threatening 23! Is this the beginning of the #ZombieApocalypse or a great time to sell some #Volatility? In a nutshell - how do you think $VIX will finish the week?

  • Elevated: 21-25
  • Crazy Town: 25+
  • Frothy: 17-21
  • Bubbly: < 17

Updated Question of the Week #2

$VIX is moving like crazy today day. It's already blown past 23 and is threatening 35. So let's dial up our $VIX threshold for extra #ZombieApocalypse fun. You buying or selling these levels? Quite Simply: Where will $VIX close on Friday?

  • Crazy Town: 30-35
  • ZombieApocalypse: >35
  • Crazy: 25-30
  • Mildly Crazy:

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