Trading Block: Brexit provides a review of pitfalls for options and futures traders. Oil extends decline as Brexit fallout spurs market volatility. Could the Fed potentially reverse course and cut rates?

Odd Block: Calls trade in Crown Castle Inter. (CCI), puts trade in Starbucks Corporation (SBUX)

Strategy Block: Uncle Mike Tosaw discusses how to select the correct collar size.

Listener Mail: Listener questions and comments

• Question from David Shanabrook: Can you check the $AAPL weekly options for this week? Huge open interest (put and call) at $100, $105 accelerated repurchase by Apple? What is the effect?

Around the Block: Earnings!

• Tuesday: Nike, Inc.
• Wednesday: General Mills, Monsanto Company, Pier1 Imports
• Thursday: ConAgra Foods