Trading Block: U.S. stock market Trump rally loses steam. Oil gets left behind in post-Trump rally. Trump presidency raises questions on the future of Wall St. regulation.

Odd Block: Calls trade in Canadian Natural Resources LTD (CNQ), calls trade in Financial Select SPDR (XLF) and calls trade in Square Inc (SQ)

Mail Block/Options #Question of the Week:

$TSLA ($182.50, down 3%, IV30:41, HV30:31) Straddle says $8.20 move (4.5%) by Friday close. How much will $TSLA actually move

• In line: ($8-$8.50)
• Beat Straddle: > $8
• Less than Straddle:
• Sick of #Musk / $TSLA

Listener questions:

• Question from Moolla - WTF is up with $DRYS? Thing is going nuts - takeover? Lots of calls trading?
• Comment from Burgh83: Can you explain what that means exactly?...thanks, I'm trying to figure options out still. But holding MRO, want to buy more...

Around the Block/Earnings Highlights:

• Tuesday - Home Depot, Dick's Sporting Goods
• Wednesday - Lowe's, Target, Cisco
• Thursday - Walmart, Best Buy, Salesforce
• Friday - Foot Locker, Abercrombie & Fitch