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Podcast: The Option Block
Episode: Option Block 640: Leprechauns v. Trolls v. Apple
Description: Trading Block: AAPL earnings after the bell on Tuesday. ATM straddle $6, or approximately 4%. Options Earnings Poll: $AAPL earnings on Tuesday. The market is pricing a 4% move, which is approximately $6. Do you think $AAPL can do it? $6 is Cheap- Buy Straddle $6 is Rich- Sell Straddle $6 Seems Fair Can't Stand $AAPL Odd Block: Puts trade in Altria Group Inc (MO), puts trade in Pantheon NV (PTHN) Mail Block: Listener Questions and Comments Comment from Shawn St.Peter - I think someone would buy those puts like a life insurance policy if for any reason...