Option Block 816: More Exciting Than Pee Wee Baseball

TRADING BLOCK

Market up and Vol up again too.

VIX - 15.5, VVIX - 82.5

Most active indices: VIX - 157k, SPY - 840k, SPX: 519k

Earnings:

Tuesday - FedEx, Lennar

Wednesday - General Mills, KB Home, Paychex, Rite Aid

Thursday - Nike, Walgreens Boots Alliance

Friday - Constellation Brands

ODD BLOCK

Covered calls in Caesars Entertainment Corporation (CZR) Long-term call love in Mallinckrodt PLC (MNK)

Call love in Laureate Education Inc (LAUR)

STRATEGY BLOCK

Uncle Mike Tosaw discusses box spreads

MAIL BLOCK

#QuestionoftheWeek: Let's play a guessing game. Which of the following names has the highest 30-day REALIZED volatility? No cheating. What does your gut tell you?

• 38% - $TSLA
• 30% - #BITCOIN
• 28% - #WTI #CRUDE OIL
• 4% - $QQQ

AROUND THE BLOCK

This Week in the Market:

Jun 25 - New Home Sales, Consumer Confidence

Jun 26 - Durable Goods, International Trade

Jun 27 - Jobless Claims, GDP

Jun 28 - Personal Income, Consumer Sentiment