The Option Block

Trading Block: Trade war concerns are renewed as Trump keeps turning up the rhetoric. $AMZN in Chicago! A new Amazon Go store opens down the street from our studio - the first outside of Seattle. Amazon spinoff AWS heats up. FedEx (FDX) - $255.23, ATM straddle: $8.50 approx. 3.3%. Oracle (ORCL) - $49.25, ATM straddle: $2.75 approx. 5.5%. Odd Block: Call love in Cigna Corporation (CI), calls trade...

Trading Block: Volatility Flash Poll! VIX is threatening 15 and $VXX is back above 30. Is this the return of volatility or just a blip? Quite simply - where will we be at the end of next week? 14% - Here: VIX=14, VXX=30(ash) 32% - Low: VIX=

Trading Block: VIX is back to 14, and VXX is back below 30. Earnings. If Apple made phone in U.S. they would cost 20% more, according to BAML analyst. SEC rejects bitcoin ETFs . Odd Block: Upside calls in Altice USA Inc. (ATUS), short puts in PagSeguro Digital Ltd (PAGS) from 4-16, and size calls in Regions Financial Corp (RF) from 2-26. Mail Block: Listner questions and comments Question from EB1...

Trading Block. There are still names reporting earnings. Namely, Barnes & Noble and GameStop. Odd Block: Cheapie calls in Northern Oil & Gas, Inc. (NOG) from 5/21. Crazy put palooza in Dean Foods Co (DF) from 4/30. Call love in Devon Energy Corp (DVN) from 4/16 Mail Block: Listener questions and comments Question from Jason Anstey: Would you or your followers have a recommendation on best discount...

This episode was originally posted on August 29th, 2017 Trading Block: A quiet day in the market. Odd Block: Ratio put spread in Expedia Inc. (EXPE), ratio risk reversal in Dollar General Corp. (DG), and put-palooza in Pure Storage Inc. (PSTG). Mail Block: Options Question of the Week Look at #MayweatherMcGregor as #Options traders. @TheNotoriousMMA calls cost $1, pay $3. #Floyd calls cost $4, pay...

This episode was originally posted on April 25th, 2017 Trading Block: Earnings today Alcoa: $33, ATM Straddle $2 - approx. 6% Chipotle: ATM Straddle $25.25, approx. 5.4% VIX 'fear' gauge plummets as French election results spark global relief rally. Odd Block: Calls and puts trade in GGP Inc. (GGP), puts trade in Exelon Corp. (EXC) and calls trade in MGM Resorts Intl. (MGM). Mail Block: Question o...

Trading Block: Trump trade war is back on the tape - China implemented more tariffs on U.S. goods. Earnings: Thursday - HP, Intuit, Gap Friday - Foot Locker Odd Block: Rolling calls in Union Pacific Corporation (UNP), bullish paper in Coty Inc. (COTY) and opening puts in CBL & Associates Properties, Inc. (CBL) Strategy Block: Uncle Mike Tosaw discusses investing in marijuana stocks. Mail Block: Op...

Trading Block: Earnings! Wednesday - Target, Lowe's, Barnes & Noble Thursday - HP, Intuit, Gap Friday - Foot Locker Plus, TSLA has major issues - SEC investigation, drug cartels, etc. Odd Block: Put roll in QEP Resources Inc (QEP), Roling puts in Flower Foods Inc (FLO), Call palooza in PayPal (PYPL) Mail Block: Options question of the week This week we would like to know more about your level of #...

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-time...

Trading Block: The week in trading (so far!) VIX is back over 14! Earnings: Tuesday - Home Depot Wednesday - Macy's, Cisco Thursday - Walmart, JD.com, Nordstrom, Nvidia Friday - John Deere Odd Block: Shares surge in Rent-A-Center Inc. (RCII) (from 6/18), put spread in IQIYI Inc. (IQ) (from 6/21), ratio call spread in Melco Resorts & Entertainment (MLCO) (from 6/4) Mail Block: Listeners take over Q...

Trading Block: A week in review from a trading perspective. The 30 handle is in the rear-view mirror for VXX - more puts hotting the tape. OCC Cleared Contract Volume Up 15 Percent in July Earnings: Monday - Tyson, Marriott, Tenet, NeoPhotonics, Vericel Tuesday - Snap, Disney Wednesday - CVS, Roku Thursday - Coca-Cola, Viacom, Dropbox Odd Block: Review from 7/9: Rolling July put spread in iShares...

Sometimes technology gets the best of us. This was one of those cases. We were able to discuss: Picard vs. Kirk VXX breaking the 30-handle OCC volume numbers for July Options question of the week How to handle the fixed time aspect of trading options?

Trading Block: A review of the week from a trading perspective. APPL (earnings were on Tuesday) Apple makes history by becoming first U.S. company to reach $1 trillion market value Earnings: Thursday - Activision/Blizzard, Shake Shack, Blue Apron, Go Pro Friday - CBOE Odd Block: WMB Call-palooza and GRPN Pre-Earnings Call 1x2. Strategy Block: Uncle Mike Tosaw discusses the possible outcome of more...

Trading Block: The week in trading (so far) Social media tech stocks are taking a bath Earnings: Tuesday - Apple Wednesday - Tesla Thursday - Activision/Blizzard, Shake Shack, Blue Apron, Go Pro Friday - CBOE Odd Block: More Jan 2019 50 Puts in Tesla Motors Inc. (TSLA), line-in-the-sand puts in Adient PLC (ADNT), and put sweeps in AK Steel Holding Corporation (AKS). Mail Block: Options question of...

Trading Block: A review of the week from a trading perspective Earnings: Thursday - Amazon, McDonalds, Comcast, Starbucks, Nokia Friday - Twitter, Merck Facebook (FB) is 'face-planting' after hours tonight. Earnings Flash Poll: Facebook (FB) is getting crushed post-earnings, trading down nearly 20% after-hours. Assuming it opens at that level, what's your next FB options trade? Other suggestions?...

This best of Option Block episode was originally p>osted on July 22nd, 2016 Trading Block: Most major markets off 0.5% or more. VIX cash watch. Earnings today (before) Dunkin Brands,General Motors, Marriott Vacations, Southwest Airlines; (after) AT&T, Chipotle Mexican Grill, E*Trade Financial (ETFC). Apple Watch is a flop! Odd Block: Calls trade in Nobel Corporation (NE), calls trade in Teucrium C...

Trading Block: A review of the week in trading Amazon and Apple: The race to $1 trillion. Earnings! Thursday - Microsoft Friday - GE, Honeywell MSFT (after the bell) - $104.70, ATM straddle: $3.70, approx. 3.5% Odd Block: Bullish risk reversal in Discovery Communications Inc. (DISCA), Rolling call speeds in Omnicom Group Inc. (OMC), Call 3-way in Hanesbrands Inc. (HBI) Strategy Block: Uncle Mike T...

Trading Block: A review of the week so far from a trading perspective Amazon.com down on its biggest day of the year. The trade war continues to scare no one. Earnings! Monday - Netflix Tuesday - Goldman Sachs, Johnson & Johnson, United Wednesday - IBM, eBay, American Express Thursday - Microsoft Friday - GE, Honeywell NFLX - ATM Straddle: $35, approx. 9% Odd Block: Bullish stupid in Cleveland-Cli...

Trading Block: Earnings! Tuesday – PepsiCo Thursday - Delta Airlines Friday - JPMorganChase, Citi, Wells Fargo, PNC Bank Plus, crude is taking it on the chin this week. Odd Block: Call love in D.R. Horton Inc. (DHI), call vertical in PagSeguro Digital Ltd (PAGS), put/call palooza in Materials Select Sector SPDR (XLB). Strategy Block: Uncle Mike Tosaw discusses premium buying vs selling. Mail Block...

Trading Block: The trade war scares no one??? Earnings: Tuesday - PepsiCo Thursday - Delta Airlines Friday - JPMorganChase, Citi, Wells Fargo, PNC Bank SPX is celebrating its 35-year anniversary. Odd Block: Rolling put spread in iShares Russell 2000 Growth Index (IWO), vertical roll in Endo International PLC (ENDP) and small verticals in Amgen, Inc. (AMGN) Mail Block: Listeners have their say Opti...

Originally posted on July 7th, 2017 Trading Block: VIX ends near the top of the range. It was up to 13.05 at its highest. Tesla down 7.2% yesterday, due to concerns of slowing Model S and Model X sales. The numbers are out: OCC announced today that cleared contract volume in June reached 387,597,223 contracts, a 2% increase from the June 2016. Odd Block: TSLA Jan 2019 50 puts and Jan 2018 20 puts...

Trading Block: Canadian revenge tariff are on the docket today. VIX cash sits above 17. OCC Cleared Contract Volume up 6% in June - the highest June for total options volume on record. It's SPX's 35-year anniversary. Odd Block: July 4 calls in Limelight Networks, Inc. (LLNW), Funky multi-leg in BP Prudhoe Bay Royalty Trust (BPT), Rolling puts in (FLO). Strategy Block: Uncle Mike Tosaw discusses tr...

Trading Block: A review of the week in trading VIX Cash - started at 18.99, ended at 16.70 Earnings: Nike after the bell - $71.70, ATM straddle - $3.40, approx. 5% Odd Block: Size money call roll in Devon Energy Corp (DVN). Call vertical in CVS Health Corp (CVS). Size puts in PowerShares DB US dollar Index (UUP) Strategy Block: Uncle Mike discusses selling a call spread versus selling a call. Mail...

Trading Block: Trump's trade war spooks the market. Again. Bitcoin manipulation via tether. Who out there is trading or interested in Crypto? What are you trading? Odd Block: Call writing frenzy in Campbell Soup Company (CPB). Call palooza in Market Vectors Oil Services ETF (OIH). Call love in Fiat Chrysler Automobiles (FCAU). Mail Block: Listeners take over Options question of the week. Let's hav...

Trading Block: Trump trade war spooks markets again. We are fully into zone two. Will vol explode, or is it just a bunch of nothing? Will there be a 50-handle move in the S&P within the next three days? Will this be another year of record volume? Which exchange is dominating the flow so far? Odd Block: TSLA takes a drubbing. Returning to the Rent-A-Center trade from Tuesday. SBUX closing some loca...