Three options strategies for the week: July 29, 2019

The"Options Action" traders share three options trading strategies to kick off the week.

Dan Nathan looked at call buying in Apple.

Mike Khouw and Carter Worth broke down call buying in the U.S. Dollar ETF. 

Mike Khouw also illustrated a call spread risk reversal in Beyond Meat. 

Disclosure

Trader disclosure: Dan Nathan is long EA Sept call calendar. DIS Sept call calendar. XHB Sept put spread. TLT Sept call spread.

Slack shares slide amid service issues

Slack Technologies Inc. WORK, -4.15% shares are down more than 4% Monday after the popular messaging service experienced service issues. The company, which recently went public, is investigating the issue. It is providing updates at status.slack.com.

Iraq displays stolen artifacts recovered from UK, Sweden

Iraqi officials are displaying stolen artifacts from the country’s rich cultural heritage that were recently recovered from Britain and Sweden.

Many archaeological treasures from Iraq, home of the ancient “fertile crescent” considered the cradle of civilization, were looted during the chaos that followed the 2003 U.S. invasion and whisked out of the country.

Now Iraq is making a massive effort to bring these pieces home, working closely with the U.N. cultural organization.

The artifacts on display Monday at the foreign ministry in Baghdad include archaeological and historical items, such as pottery fragments and shards with writing dating back at least 4,000 years to the ancient Sumerian civilization.

Iraqi Foreign Minister Mohammed al-Hakim said his country is determined to recover its lost heritage, whatever it takes.

United Airlines Buys Into Clear Biometric Screening

United Airlines through a strategic investment took a stake in Clear to set up biometric screening kiosks in airports. The financial details of the deal is not revealed.

The partnership will help streamline security screening in airports and Clear will install new security check kiosks in Chicago O’Hare, Houston International and Newark Liberty airports.

The technology company certified by safety act utilises biometrics such as irises and fingertips for a seamless security screening. Clear is already operational at more than 60 airports including United hubs in Denver, Los Angeles, San Francisco as well as Washington Dulles.

The partnership will offer Global Services and Premier 1K members free Clear membership. Premier, Platinum, Gold and Silver member could avail membership at $109, while the annual Clear membership costs $179.

13-year-old Texas boy dies in accidental shooting

JASPER, Texas (AP) — Authorities say a 13-year-old boy was accidentally shot and killed when two or three children were playing with a gun they found at a home in eastern Texas.

The Beaumont Enterprise reports that County Sheriff Mitchel Newman says Nick McBride died at a hospital in Beaumont Saturday night.

Newman says Nick was shot in the head at a house near Jasper, about 110 miles (180 kilometers) northeast of Houston.

It’s unclear if Nick was one of the children who were playing with the gun.

Newman says the shooting is under investigation, but all signs indicate it was an accident.

Jasper Police Sgt. Cody Christopher says he encourages all firearm owners to use gun locks, which are provided for free by the police department.

Ariana Grande follows apology for JonBenet Ramsey joke with teaser for new song ‘Boyfriend’

Ariana Grande is having a roller coaster of a week on social media.

The pop star first made waves Sunday on Instagram with a now-deleted post about JonBenet Ramsey, the 6-year-old child beauty queen who was killed in Colorado in 1996.

Grande’s friend, Doug Middlebrook, shared a photo of a magazine with the child on the cover which read “JonBenet Arrest Made!” Middlebrook captioned the photo, “no one has done more covers.”

The “Thank u, next” singer commented on the photo, “i cant WAIT for this to be your halloween look,” to which Middlebrook responded, “working on it already.”

Fans were quick to screenshot the post and comment on the singer’s behavior on Twitter.

“Wait WHAT?? an 8-year-old (sic) girl who was violently killed, strangled and suffocated cannot be anyone’s costume,” one user wrote.

In less than 40 minutes, the video reached nearly 2 million views and tracked tons of comments, including from MTV’s Music Video Awards account which wrote, “So excited,” with a heart and heart-eyes emoji.

The singer was among the top nominees for this year’s VMAs, racking up 10 nominations including a nod for video of the year.

Libya's Mitiga airport resumes air traffic after strikes: witness

Tripoli (Reuters) – Air space re-opened at the Libyan capital’s only functioning airport, Mitiga, on Monday an hour after it was closed by strikes, a witness said.

The airport has been targeted frequently since the start of an offensive by eastern commander Khalifa Haftar to take Tripoli from the internationally recognized government.

(Corrects day of the week.)

Lil Nas X’s ‘Old Town Road’ overtakes ‘One Sweet Day,’ sets new record for most weeks at No.1

NEW YORK (AP) — It’s one sweet day for Lil Nas X: The breakthrough rapper’s viral “Old Town Road” has broken the Billboard record set by Mariah Carey’s “One Sweet Day” for most weeks at No. 1.

Lil Nas X accomplishes the feat this week as his country-trap song spends its 17th week on top of the Hot 100 chart. Carey and Boyz II Men’s duet set the record in 1996, and the only song to come close to breaking it was the ubiquitous international hit “Despacito,” which tied the 16-week record in 2017.

“Old Town Road” was originally a solo song, but the song also has remix versions featuring Billy Ray Cyrus, Diplo, Young Thug, Mason Ramsey and BTS. Billboard counts the original song and its remixes as one when calculating chart position.

Related: Lil Nas X on backlash after coming out as gay: ‘Oh, I’m already getting it’

Rapper Lil Nas X’s viral hit “Old Town Road” was pulled off the Billboard country charts, but plenty of country stars love to sing it and listen to it. (May 10)
AP, AP