Option Block 780: XOP Calls, TSLA Puts and Bison Balls

TRADING BLOCK

Earnings Highlights this Week:

Monday - Aurora Cannabis (ACB)

Tuesday - Activision Blizzard

Wednesday - Cisco

Thursday - Nvidia, The Coca-Cola Company, CME Group, Cannabis Growth (CGC), Applied Materials

Friday - PepsiCo

Pot, soda and videogame earnings are on Wall Street’s to-do list - https://www.marketwatch.com/story/weed-soda-and-videogames-are-on-wall-streets-to-do-list-2019-02-09

ODD BLOCK

Size paper trading in SPDR S&P Oil & Gas Explore & Prod. (XOP)

Put palooza in Centurylink Inc (CTL)

Call palooza in Sangamo Therapeutics Inc (SGMO)

STRATEGY BLOCK

Uncle Mike Tosaw discusses the dangers of over trading.

MAIL BLOCK #QOTW - $VXX is dead! Long Live $VXXB! There's a (somewhat) new kid on the #Volatility trading block. Are you trading $VXXB #options yet? If not, how are you getting your #Volatility fix these days? $VIX $TVIX $SVXY

- Yes. Jumped into $VXXB

- No. Spreads are too wide

- No. Prefer $TVIX, etc

- No. Prefer $VIX #options

Question from JVacx - Whatever happened to the $TSLA 50 put holders? Did they close out? Did they roll? Are they still slinging puts?

AROUND THE BLOCK

This Week’s Economic Reports

Feb 12: JOLTS

Feb 13: CPI

Feb 14: PPI, Jobless Claims

Feb 15: Retail Sales, Import and Export Prices, Industrial Production, Business Inventories, Consumer Sentiment