The Option Block

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...

Ttrading Block: Making up for lost ground. Weekend risk. Silver give up gains on tarriff talks. New low in the July VIX futures. Square up for no discernible reason. TWTR. TSLA. Put buyers. VIX zones. Fifty cent is back. Why are there so few market makers left? IL Rep takes it on. Where should regulators focus their attention? Odd Block: Mystery TSLA puts. Rally-ho in Dropbox. Finding value in Ren...

In this episode, the all stars are live at the annual Option Pit Pro Trader Summit. Chaos, hilarity, and options discussion ensued.

Trading Block: What is happening in the markets this week? Stocks shake off G7 row as investors await US-North Korea summit Bitcoin tumbles as hackers hit South Korean exchange Coinrail New research shows European demand for US equity options remains strong Odd Block: Funky closing spread in Owens Corning (OC), call love in BGC Partners, Inc. (BGC) and playing with house money in Beacon Roofing Su...

Trading Block: Earnings! Monday - Dell, PaloAlto, CSMC, Orion Tuesday - HD Supply, Duluth Trading, Navistar Wednesday - Signet, Knot, SecureWorks, Thursday - Smuckers, Broadcom, At Home Warren Buffett and Jamie Dimon join forces to convince CEOs to end quarterly profit forecasts Odd Block: Size opening puts in Banco Bradesco (BBD), Size opening call sale in Analog Devices, Inc. (ADI). Mail Block:...