Apr 22, 2016
Trading Block: Earnings!
- Thursday - (Before the Bell): General Motors Company, Southwest Airlines, Under Armour, Verizon Communications; (After the Bell): Microsoft, Alphabet Inc., E*Trade Financial Company, Starbucks Corporation, Visa Inc.
- MSFT - $56, ATM Straddle $2.37 - approx. 4.2%
- GOOG - $756.40, ATM Straddle $41.50 - approx. 5.5%
- SBUX - $60.77, ATM Straddle $2.25 - approx. 3.7%
Odd Block: Call spread buyers in Marathon Petroleum Corp (MRO), call buying in Tronox Ltd (TROX), and paper buying in Kilroy Realty Corp (KRC)
Mail Block: Listener questions and comments
- Question from Nick C.: Heard any chatter about CME or CBOE leaving Chicago?
- Question from Bob: Is the options market the most transparent financial marketplace?
- Question from Willy: What does the Option Block crew think of the TOS platform? Do you like it for pricing volatility and analyzing the Greeks?
Around the Block: Earnings on Friday - American Airlines, Caterpillar, General Electric Company, Honeywell International, Kimberly-Clark Corporation, McDonald’s Corporation.
This Week in the Market:
- Monday - National Association of Home Builders' Housing Market Index
- Tuesday - Commerce Department releases new figures
- Wednesday - National Association of Realtors existing home sales data
- Thursday - Weekly jobless claims from the Labor Department