Option Block 754: What The Heck Is Going On?

Trading Block: Holy crap and holy crap!

Earnings:

• World Wrestling Entertainment (WWE): Earnings topped views but revenue missed as ticket sales to live events fell, and the company plans to go ahead with an event in Saudi Arabia.
• Twitter (TWTR): The stock shot up 16%, near 32, during morning trading on the stock market today.
• Amazon (AMZN): ATM straddle: $102, approx. 6%
• Alphabet (GOOGL): ATM straddle: $57, approx. 5%

AND Chinese operatives were able to infiltrate motherboards made by a US company that sold to Apple and Amazon: Bloomberg

Odd Block: Put summary in Tesla Motors Inc. (TSLA), call sale in Plains All American Pipeline (PAA), and call sale in Magellan Midstream Partners (MMP)

Mail Block: Options question of the week

Earnings are back with big tech names on the docket. Which of the following will be lighting up your #Options trading this week? Bonus points for your preferred strategies - e.g. call vertical, straddle, etc.

• Microsoft $MSFT
• Amazon $AMZN
• Alphabet $GOOGL
• Twitter $TWTR

Listener questions and comments

• Question from RonS6 - What's your suggested minimum account size to start trading options?
• Question from Tony - Is $HMNY the most option-like stock on the planet?

Around the Block/This Week in the Markets

• Oct 26: GDP, Consumer Sentiment