Nov 30, 2018
Trading Block/Earnings highlights from the week:
- Tuesday - Salesforce
- Wednesday - Box
- Thursday - TD, GameStop, HP
- Clothing Retailers: Burlington, Chico's, J Jill, Guess, Express, Abercrombie & Fitch
Plus,
- Oil sells off - WTI Crude back in the $40 handle.
- Bitcoin getting crushed - BTC threatening 4000
Odd Block: Tesla put summary, Dec lifts puts in (VOD), opening put love in (AEO), and opening call love in (IQV)
Mail Block/Options question of the week
AAPL continues to take a beating - recently dropping below $175. We know many of you LOVE to trade AAPL and this selloff creates opportunities. Looking ahead to Jan 2019 expiration- which trade would you prefer to make in AAPL right now?
- Sell Jan 150P for $1.65
- Buy Jan 150P for $1.65
- Sell Jan 200C for $1
- Buy Jan 200C for $1
Listener questions and comments
- Question from Leot - Is Apple a good candidate for stock substitution here? If so how would you set it up?
- Question from Burns - Is buying a call actually the best way to get long stock in this market?
Around The Block/This Week in the Markets
- Nov 29: Jobless Claims, Personal Income and Outlays