OPTION BLOCK 897: A TALE OF TWO MARKETS




The Option Block show

Summary: TRADING BLOCK VIX: 35.25 - UP 2.5 FROM LAST SHOW VVIX: 118.3 - DOWN 1.2 FROM LAST SHOW VXX: 38.5 - UP .5 FROM LAST SHOW IT’S A WEEK OF CONFLICTING DATA. YESTERDAY WE WERE IN RALLY MODE. TODAY WE HAVE MORE BAD NEWS ON THE EMPLOYMENT FRONT. TSLA, FB, MSFT & TWTR EARNINGS ODD BLOCK BYND GILD BBBY MAIL BLOCK I WANT TO IMPROVE AS AN OPTIONS TRADER, WHAT IS THE BEST COURSE OF ACTION TO TAKE? WHAT DO YOU THINK ABOUT VIX AT THESE LEVELS? ARE YOU MORE OR LESS UPBEAT ABOUT USO AT THESE LEVELS?