Option Block 641: Talking AAPL, TSLA and Call Scalping
Aug 04, 2017•1 hr 2 min
Episode description
Trading Block: Apple earnings after the bell on Tuesday. ATM straddle $6, approx. 4%
Options Earnings Poll - $AAPL earnings on Tuesday. The market is pricing a 4% move - approx. $6. Do you think $AAPL can do it?
- 32% - $6 is Cheap, Buy Straddle
- 25% - $6 is Rich, Sell Straddle
- 30% - $6 Seems Fair
- 13% - Can't Stand $AAPL
Tesla earnings on Wed - $322.87. ATM straddle - $22.50, approx. 7%
Odd Block: Puts trade in Flotek Industries Inc (FTK), calls trade in Mitek Systems, Inc. (MITK), risk reversal in InterActiveCorp (IAC).
Strategy Block: Uncle Mike Tosaw discusses recent trades within his SPY portfolio.
Around the Block: What's coming up this week?
- Earnings: Aug. 4: CBOE
- Aug 4: Unemployment, International Trade
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