Option Block 97: Live From FIA Chicago Trading Block: VIX Rundown - VIX at a decisive point, at the 32 level, it could be on the move. Apple rallying post-Jobs -- how best to position going into earnings. Alcoa came off after the bell already selling off. A look at upcoming earnings season perhaps? SPXpm -- comments and criticisms. Odd Block: Integrated circuit maker Marvell Technology Group Ltd. (MRVL) with a multi-exchange sweep of 5,000 October 16 weekly calls. Short-term bulls gobbling up we...
Oct 14, 2011•1 hr
Option Block 96: Resetting the VIX Bar Trading Block: VIX finally gets to the mid-30s! The bar for has been raised. Apple without Jobs - down 0.5%. What effect could Jobs have on Apple stock post-mortem, or is this a turning point for Apple?Odd Block: Mortgage insurer MBIA Inc. (MBI): Shares are trading 3% higher this morning and early option activity suggests some investors believe the recent upturn in the company’s shares will continue over the next couple weeks. The bullish October 9 calls ha...
Oct 07, 2011•48 min
Option Block 95: Kodak vs. American Airlines Trading Block: The Greek yo-yo has struck again! Greek debt outlook was not as rosy as last week -- market down again in response. Apple down again, amid rumors of an Amazon tablet continue. Whack-a-Bankruptcy -- just when rumors of one bankruptcy subside, more emerge to take its place. Airline stocks are taking a nose dive today due to fears the weak economy will reduce travel demands and hit fares over the coming months. BAC taking it on the chin - ...
Oct 04, 2011•1 hr 1 min
Option Block 94: AMZN Takes On AAPL Trading Block: The market rallied on stronger than expected GDP numbers, and a little ease on European concerns, combined for a strong up move early in the day. Thirty-year rate is 4.01% -- the lowest on record. Rumors of Amazon getting into the tablet wars -- stock down 3%. With Amazon in its territory, Apple moved to the downside -- is it time to be bullish? The spread between VIX and VXN continues to widen. Odd Block: Unusual activity in Dollar General (DG)...
Sep 30, 2011•50 min
Option Block 93: Metal-Ocalypse Strikes AgainTrading Block: The relationship between VIX and VXN, how it could have helped you. Late session rally on European hopes. The Metal-ocalypse continues - where is the bottom? Sell-offs in both GLD and SLV. EK crushed to the downside...again -- CDs upfront premium not at 41%! Groupon's ponzi scheme continues -- restated their entire 2010 results and slashed revenue in half. Odd Block: Harry Winston Diamond Corp. (HWD) – Size put seller. Fresh prints in H...
Sep 27, 2011•48 min
Option Block 92: Werewolves Love SLVTrading Block: A sea of red in the market today - recession fears slam everything except treasuries. VIX cash gaps up yet again -- VIX futures outlook. Metals/Commodities rundown - everything down across the board, with gold down as well, but no rolling down will be taking place before the weekend. Ford below the $10 handle.Odd Block: Yahoo! - (YHOO) Following an upgrade at Stifel, Nicolaus from “Hold” to “Buy” with a price target of $18.00, shares are on the ...
Sep 23, 2011•55 min
Option Block 91: The Widowmaker Rides AgainTrading Block: The "Widowmaker" (NFLX) CEO apologizes for the screw up with their pricing and thusly losing 1 million customers and the stock dropping 50% since the price increases in July. Could Netflix split into two separate businesses? Lenders tell Greece to get its act together and reduce the size of its government, or run out of cash within a few weeks. Metals/Commodities rundown -- collaring gold until November. Oil really took it on the chin due...
Sep 20, 2011•1 hr 1 min
Option Block 90: The Voice of Options TRADING BLOCK: Research in Motion (RIMM) - The future looks bleak. “The Widowmaker” strikes again - Netflix (NFLX), which was trading $300 just two months ago, down 40%. Yet another “rogue trader” on the loose - this time it costs UBS $2 billion. Commodities rundown - gold is coming down, is this the right time tighten up your hedges? ODD BLOCK: Unusual and interesting options activity in: UBS AG (UBS) - a staggering $2 billion lost in trading as a rogue tra...
Sep 16, 2011•47 min
Option Block 89: Risk On, Risk OffTrading Block: Metals outlook - Gold, bonds, and GLD have all been pulling back, there seems to be a lot of building of cash reserves right now. The heavy movement in VXO relative to VIX means there is a lot at the money buying to up the curve. Risk on/ risk off. VIX has been trading above VXN, so clearly the risk is in the financials, not tech. Could there be a violent move toward the upside? Is there any truth to the rumor that China could be buying Italian de...
Sep 13, 2011•44 min
Option Block 88: Gold Vol and The Big O Don't forget that Option Block listeners get FIVE FREE trades when you open a new OX account. Click for details: www.optionsxpress.com/oxradio Trading Block: The market turned red despite Uncle Ben's promises. Obama's jobs speech - how will it affect the market? Commodity rundown - GLD off to the races again today, but is it time to start being bearish? A rundown of volatility & VIX. Odd Block: DNDN halted with suspicious option activity. Unusual activ...
Sep 09, 2011•45 min
Option Block 87: OX-Schwab Day One Trading Block: Another yo-yo day on the street. Manufacturing data was stronger than expected, but not enough to keep the market positive. The long weekend should have been priced out already, but it seems that many traders are holding off from hitting the bids ahead of non-farms tomorrow. A look of the metals/commodities: gold, silver, and natural gas. Odd Block: Unusual activity in: Dunkin’ Brands Group, Inc. (DNKN); American Express Co. (AXP); Lexmark (LXK) ...
Sep 02, 2011•1 hr 3 min
Option Block 86: Back in the DayTrading Block: Tech leads the way today, while GLD finally has a down day. Short VIX bets are finally paying off, but there's still more downside to go. Plus, a rundown of metals from a wild day. How much of a downside move in gold are we looking at before considering rolling the puts back down? Not much action to report from commodities today. Odd Block: Unusual activity in Amazon.com, Inc. (AMZN) - Who purchased the lottery ticket? IMAX Corp. (IMAX) - Is this fr...
Aug 30, 2011•1 hr 10 min
Option Block 85: Apple's Jobs-lessness Trading Block: The news of Steve Jobs stepping down from Apple has dominated the headlines. What does this mean for future Apple plays? What's the outlook on Apple vol going forward? An outlook of the metals market. The CME raises the margin rate of gold, a little too late? What's driving an interest in copper? Also, has scalping negative gamma exacerbated the downward movements seen in the past few weeks? Xpress Block: Rob K discusses how Bank of America's...
Aug 26, 2011•53 min
Option Block 84: The Madness ReturnsTrading Block: Special guest Andrew Giovinazzi of Aqumin takes Sebastian’s seat as the all-star gang discusses market madness. The market has become quite the drama queen with global concerns smack the market again. Consumer confidence is still low - this is getting to be a broken record. Commodities rundown - gold and treasuries are where everyone is putting their money. Patent lust has been inflating some smaller tech stocks like NOK, EK, etc. Odd Block: Unu...
Aug 19, 2011•1 hr 4 min
Option Block 83: GOOG Gobbles MMI. Who's Next?TRADING BLOCK Google (GOOG) acquires MMI, which explains some of their strange trading patterns recently. Were rumors leaked out ahead of time? A rundown of metals and commodities. The price of gold - is it realistic? INTERVIEW BLOCK This week's guest, Russell Rhoads, author and instructor at Options Institute at the CBOE discusses his newest book "Trading VIX Derivatives," as well as hedging VIX options. AROUND THE BLOCK Housing start numbers come o...
Aug 16, 2011•52 min
Trading Block: An overview of Vix performances for the last week. Is everything rosy again? Treasury auction came out very weak. Jobless claims numbers rallied. Odd Block: Unusual activity in Cisco (CSCO), Asiainfo Holdings Inc. (ASIA) and OmniVision Technologies Inc. (OVTI). Xpress Block: Mr Navabi walks us through what it was like to be at the center of the madness this week at OX. Mail Block: From Tom S, in Cleveland: Does OX offer IRAs? Can you use naked short puts to leg into long equity po...
Aug 15, 2011•51 min
Trading Block: A fractured round table discusses the bloodbath following the S&P's downgrading of the US credit rating, including Motorolla (MMI), LinkedIn (LNKD) and Apple (AAPL) Around the Block: Will the sell off continue? Tomorrow may not be the rebound the most people were looking for.
Aug 09, 2011•38 min
Option Block Xtra For your listening pleasure - the Banter Block from Episode 80 that hit the cutting room floor. Topics on tap: SPX, VIX, covered calls vs. ratio repair spreads and more...
Aug 08, 2011•21 min
Trading Block: The Bloodbath Begins! Jobless claim records much weaker than expected, getting closer to the Tosaw apocalypse, CBOE takes a hit despite good earnings. Plus Ford, LinkedIn and VIX skew. Metals/Commodities rundown Xpress Block: Mr Navabi runs through a list of interesting/unusual/common/annoying questions received on by Options Express. Also, what to do when facing margin calls. Around the Block : Overnight futures - to buy or not to buy? Is LinkedIn a sign of a turnaround in the ma...
Aug 05, 2011•45 min
Trading Block: The debt kerfuffle reaches the 11th hour. How ugly could it really get if there is no deal? A rundown of metal and oil commodities. Odd Block: Unusual activity in Sonus Networks (SONS), Cable Vision Systems (CVC), Cavium Inc. (CAVM) \ Xpress Block: Beware of tech IPOs... Mail Block: Mr. Rob Kurzatkowski from the OX dives into questions submitted by listeners. Around the Block: Life after the potential "Tosaw" apocalypse, if a deal is not reached by Tuesday. CEBO, RDN, and Testla M...
Aug 02, 2011•58 min
Trading Block: The debt kerfuffle in Washington continues as debates stall. What could happen with a no vote? Exxon misses their earnings, MMI earnings after the bell, and a metals/commodities breakdown. Also a debate over the future of ISE. Odd Block: Unusual activity in Oshkosh Corp (OSK), Titan International Inc (TWI) and Clearwater (CLWR) Around the Block: Debt ceilings worries continue into the weekend, the VIX and Ford’s upcoming auto and truck sales numbers....
Jul 29, 2011•44 min
Option Block 77: The Widowmaker Strikes Again Trading Block : The on-going kerfuffle in Washington, the debt ceiling and its effect on the metals,what happens to VIX and broad market if a deal isn't reached?, along with a discussion about E-trade (ETFC) Odd Block : Unusual activity in Express Scripts (ESRX), Raptor Pharmaceutical (RTPT), and Sketchers (SKX) Xpress Block : Mr Grigus takes the reins and runs down what's been going on at Options Express, including: Apple, gold and Dunkin Donuts Aro...
Jul 26, 2011•57 min
Option Block 75: AAPLs in the Mist Option Block fans you only have two more days until the first ever live Option Block episode is taped. If you have ever wanted to see what goes on behind the scenes when taping an episode, your chance has arrived. The entire gang will be live, in person at Elephant & Castle at 111 W. Adams Street in Chicago on July 21. Taping will start around 3:30, so you won't miss a minute of market action. Stop by, bring your friends, and come prepared for a podcast exp...
Jul 26, 2011•56 min
The Big Live Show is finally here! Join... Mark Longo Tim Navabi Rob Kurzatkowski John Grigus Mike Cavanaugh Mike Tosaw Mark Sebastian and special guest Tony Battista (of Tasty Trade fame)... ...for the first-ever live Option Block. In this epic two-and-a-half hour extravaganza, the topics include: Scalping gamma during AAPL earnings Trading Ford Earnings using options Strange movements in VIX Option strategies/outlook for Oil Selling puts in LNKD Trading "The Widowmaker" - aka NFLX The difficul...
Jul 22, 2011•2 hr 36 min
Option Block 74: Apple vs. U.S. Government Trading Block: Uncle Ben spooks the markets into retreat. If you can't buy stocks, and you can't buy treasuries, what can you do? Buy puts. Would a government shutdown be bad for the market? Metals rally. LNKD update. Odd Block: Unusual activity in North American Palladium, Ltd. (PAL), and Virgin Media (VMED). Around the Block: Debt. Debt. Debt. Debt. Debt. Earnings season is upon us, with Citi and AAPL coming up. The wonder that is AAPL. Option Block f...
Jul 15, 2011•54 min
Trading Block: Contagion woes on the continent. KYO liking LNKD for a stock replacement strategy. GLD was one of yesterday's few bright spots. Ford takes a hit from India. Premium buyers have returned. The futures parking lot, V2.0. Odd Block: Unusual activity in CLX and IGT. Xpress Block: The many ways to screw up covered calls. Option pricing when looking at longer and shorter-dated options. Synthetic covered calls. Listener Question: Is it true that you can't do more than four trades in five ...
Jul 14, 2011•1 hr 15 min
Option Block 72: The Star Spangled Episode Option Block fans , if you have ever wanted to see what goes on behind the scenes when taping an episode, your chance has arrived. The entire gang will be live, in person at Elephant & Castle at 111 W. Adams Street in Chicago on July 21. Taping will start around 3:30, so you won't miss a minute of market action. Stop by, bring your friends, and come prepared for a podcast experience like no other. If you're inclined to want to RSVP so that we make s...
Jul 08, 2011•59 min
Option Block 71: The Spread Trap Option Block fans , if you have ever wanted to see what goes on behind the scenes when taping an episode, your chance has arrived. The entire gang will be live, in person at Elephant & Castle at 111 W. Adams Street in Chicago on July 21. Taping will start around 3:30, so you won't miss a minute of market action. Stop by, bring your friends, and come prepared for a podcast experience like no other. If you're inclined to want to RSVP so that we make sure we hav...
Jul 01, 2011•55 min
Option Block 70: The Condor Strikes Back Trading Block:No Euro implosion. Ford moving up, Cisco breaking hearts, and AAPL on a rollercoaster. Odd Block: Unusual activity updates in YHOO, USU, and HK Xpress Block: Most actives at OX: SPY, SPX, NLY, QQQQ, AAPL, SLV, GLD, RUT, and FXI. Interview Block: Dr. Duke is back. He and the gang discuss condor strategies, including entry and exit points, adjusting positions, his first steps to implementing condors, and what he's watching int he markets. Arou...
Jun 28, 2011•52 min
Option Block 68: Masters of the Universe Trading Block: people are finally starting to buy puts, and the VIX goes up. Real-time RIMM earnings reports. Ford's running on natural gas. Commodity update. Odd Block: RIMM live updates pre-earnings report. Interview Block: The guys have a surprise discussion with Paul Price, dentist and trader. They talk tech stock bargains, AAPL earnings, and more. Xpress Block: From 6/14 - 6/21 is the Motley Fool promotion, in which you can get up to $500 for funding...
Jun 17, 2011•1 hr 1 min