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
