Trading Block: Last week in review

• Is the trade war back on the table?
• The May number are in: OCC cleared contract volume increased 8% in May.
• Credit Suisse announces 1-to-10 reverse split for $TVIX and $TVIZ effective June 8th.

Odd Block: Ratio call spread in Melco Resorts & Entertainment (MLCO), put apocalypse in Nektar Therapeutics (NKTR), and put roll in iShares MSCI Turkey Index Fund (TUR).

Strategy Block: Uncle Mike Tosaw discusses how to trade skew.

Around the Block: What are we looking at for the upcoming week?