The Option Block

Option Block 754: What The Heck Is Going On?


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Trading Block: Holy crap and holy crap!

Earnings:

  • World Wrestling Entertainment (WWE): Earnings topped views but revenue missed as ticket sales to live events fell, and the company plans to go ahead with an event in Saudi Arabia.
  • Twitter (TWTR): The stock shot up 16%, near 32, during morning trading on the stock market today.
  • Amazon (AMZN): ATM straddle: $102, approx. 6%
  • Alphabet (GOOGL): ATM straddle: $57, approx. 5%

AND Chinese operatives were able to infiltrate motherboards made by a US company that sold to Apple and Amazon: Bloomberg

Odd Block: Put summary in Tesla Motors Inc. (TSLA), call sale in Plains All American Pipeline (PAA), and call sale in Magellan Midstream Partners (MMP)

Mail Block: Options question of the week

Earnings are back with big tech names on the docket. Which of the following will be lighting up your #Options trading this week? Bonus points for your preferred strategies - e.g. call vertical, straddle, etc.

  • Microsoft $MSFT
  • Amazon $AMZN
  • Alphabet $GOOGL
  • Twitter $TWTR

Listener questions and comments

  • Question from RonS6 - What's your suggested minimum account size to start trading options?
  • Question from Tony - Is $HMNY the most option-like stock on the planet?

Around the Block/This Week in the Markets

  • Oct 26: GDP, Consumer Sentiment
...more
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The Option BlockBy The Options Insider Radio Network

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