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Podcast: The Option Block
Episode: Option Block 738: Talking VIX, NVDA, WMT, TSLA and More
Description: Trading Block: A look back at the week from a trading perspective VIX briefly back over 14. Earnings: Wednesday - Macy's, Cisco Thursday - Walmart, JD.com, Nordstrom, Nvidia Friday - John Deere Walmart (WMT) had a blowout quarter and shares are surging. Nvidia (NVDA) - ATM straddle: $16.50, approx. 6% Odd Block: Bullish risk reversal in Discovery Communications Inc. (DISCA) (From 7/19), Well-timed bullish stupid in Cleveland-Cliffs Inc. (CLF) (From 7/16), and earning bet in Interpublic Group of Companies Inc. (IPG) (From 7/16). Strategy Block: Uncle Mike Tosaw discusses bad practices in financial advisors who claim t...