Trading Block: Investors Have Never Been More Short Volatility Futures

Odd Block: An update on the Tesla "Catastrophe Puts," call frenzy in Procter & Gamble Co (PG), size bullish combo/conversion/reversal in iShares IBoxx $ Invest Grade Corp. (LQD), and calls trade in Extended Stay America Inc (STAY).

Mail Block: More Tesla commentary

• From Michael Smith - This is an obscene about of OI that far out of the money.
• From Bart S. - Are those Puts bought or sold?
• From Gary Paster - A very interesting Collar which I will watch until expiration - Re: TSLA MAR 250/470 strangle that paper bought 400 times last week.

Flash Poll: What do you think of the planned launch of cash-settled #Bitcoin futures later this year?

• 34% - I Can't Wait!
• 17% - I'm Not Interested!
• 41% - I'm Somewhat Curious
• 8% - I'm Waiting for Ethereum

Question from Upward Momentum: Is that a good thing you think?

#QuestionOfTheWeek: Which #Options Exchange or group has carved out the largest piece of the #Options market so far in 2017?

• 72% - CBOE/BATS
• 17% - NASDAQ
• 3% - NYSE
• 8% - MIAX & BOX

Comment from FContangotrader: Urban Dictionary: Scaramucci Maybe 2-week options should be called Scaramuccis?

Comment from Tim A. - For the guy who wrote in about trading with free commissions. What about a box?

Around the Block: Earnings!

• Monday - Marriott
• Tuesday - The Walt Disney Company, Valeant Pharmaceuticals
• Wednesday - The Childre's Place, Mylan, Live Nation, Office Depot
• Thursday - Macys, Kohls, Nordstrom, Blue Apron, Snap Inc., Coca-Cola, Nvidia
• Friday - JCPenney

Also this week:

• Aug 8: JOLTS
• Aug 9: Productivity and Costs
• Aug 10: Jobless Claims, PPI, Treasury Budget
• Aug 11: Consumer Price Index