Apr 23, 2019
TRADING BLOCK
VIX - 12.75, 0.5-points higher than last show.
SBUX made a new 52 week high. TSLA, 4 of 11 directors expected to leave, and company investigating what appears to be exploding Model S sedan in shanghai. PINS, IPO had offering price of $19 and closed at 24.40.
Most active indices - VIX: 139k, SPY: 771k, SPX: 449k
Most active equity options - GE, AAPL FB, TSLA, NFLX, TWTR, QCOM, AMD, F, MSFT
Earnings Highlights:
Tuesday - Twitter, Snap
Wednesday - FB, Tesla, Microsoft, Boeing, Chipotle, PayPal
Thursday - Amazon, Starbucks
ODD BLOCK
Call overwrite in YPF SA (YPF)
Crushing put below bid in Sea Ltd (SE)
Call overwrite in US Silica Holdings Inc (SLCA)
STRATEGY BLOCK
The fidelity discussion topic this week is the common misperceptions of calendar spreads.
AROUND THE BLOCK
This Week in the Market
Apr 22: Existing Home Sales
Apr 23: New Home Sales
Apr 25: Jobless Claims, Durable Goods
Apr 26: GDP, Consumer Sentiment