Option Block 641: Talking AAPL, TSLA and Call Scalping - podcast episode cover

Option Block 641: Talking AAPL, TSLA and Call Scalping

Aug 04, 20171 hr 2 min
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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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