TRADING BLOCK
Are we out of correction? You betcha!
OCC January volume down 11.9% after record-breaking 2018
Earnings Highlights this week:
Monday – Clorox, Sysco
Tuesday – Walt Disney Company, Snap Inc., BP, ADM, Electronic Arts, Viacom,
Wednesday – GM, Lilly, Spotify
Thursday – Twitter, WWE, Mattel
Friday – Cboe, Exelon, Hasbro
ODD BLOCK
Harvesting the risk premium in Plains GP Holdings LP (PAGP)
Call palooza in Mattel, Inc. (MAT)
Harvesting more risk premium in Canadian Pacific Railway Ltd (CP)
STRATEGY BLOCK
Uncle Mike Tosaw discusses adjustments to a bullish butterfly and “line-in-the-sand” trades.
MAIL BLOCK #QOTW – With everyone still shaking off #SuperBowl haze, let’s start the week by applying your trading mindset to next season. If you had to buy a call on one team to make it into next year’s big game – which team are you buying? Feeling another team – let us know below.
– Patriots – Rams – Bears (legally obligated) – Saints
AROUND THE BLOCK
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