Trading Block: Stocks jump as S&P 500 and Nasdaq set new record highs. Goldman insiders underwater options were salvaged by the Trump election.There are still earnings being released. Earnings today: Tyson Foods (before the bell) Palo Alto Networks (after the bell) Odd Block: Calls trade in NRG Energy Inc (NRG), calls trade in Ultra DJ - AIG Crude Oil ProShares (UCO) and calls trade in Cypress Semiconductor Corp (CY). Mail Block: Listener questions and comments Question from RealRK - Juice f...
Nov 22, 2016•1 hr 4 min
Trading Block: A mild market rally today. VIX cash back below the 14-handle. TSLA recovering from some recent losses; was up over 2% at mid-day. Yellen says Fed might hike interest rates relatively soon. Jobless claims in U.S. declined to lowest level in four decades. Odd Block: Size calls trade in Financial Select SPDR (XLF), calls trade in Advanced Micro Devices (AMD) and puts trade in Freeport Mc MoRan Inc. (FCX). Strategy Block: Uncle Mike discusses trading in IBB Mail Block: Listener questi...
Nov 18, 2016•1 hr 4 min
Trading Block: U.S. stock market Trump rally loses steam. Oil gets left behind in post-Trump rally. Trump presidency raises questions on the future of Wall St. regulation. Odd Block: Calls trade in Canadian Natural Resources LTD (CNQ), calls trade in Financial Select SPDR (XLF) and calls trade in Square Inc (SQ) Mail Block/Options #Question of the Week: $TSLA ($182.50, down 3%, IV30:41, HV30:31) Straddle says $8.20 move (4.5%) by Friday close. How much will $TSLA actually move In line: ($8-$8.50...
Nov 15, 2016•1 hr 5 min
Trading Block: Volume in non-U.S. trading hours sets a new daily record. Pharma pop on Hillary loss. Earnings After the Bell: DIS - $95.72, ATM Straddle = $2.70, approx. 3% NVDA - $68, ATM Straddle = $5.40, approx. 8% JWN - $57.10, ATM Straddle = $4.85, approx. 8.5% Odd Block: Calls roll in YRC Worldwide Inc (YRC), calls trade in Huntington Bankshares Inc. (HBAN) and calls trade in Financial Select SPDR (XLF) Strategy Block: Uncle Mike Tosaw discusses what to do when you get called away from a c...
Nov 11, 2016•1 hr 1 min
Trading Block: Dow soars 300 points after FBI clears Clinton again. Are certain volatility funds raising election risk for the stock market? Earnings today after the bell Fogo de Chao Hertz Global Holdings Marriott International - ATM Straddle = $2.75, approx. 4% The Priceline Group - ATM Straddle = $82, approx. 5.5% Odd Block: Calls trade in SPDR KBW Bank ETF (KBE), calls and puts trade in iShares MSCI Mexico Fund (EWW) and puts trade in Marathon Oil Company (MRO) Mail Block/Options #QuestionOf...
Nov 08, 2016•1 hr 5 min
Trading Block: Wrapping up the week in options Earnings this Week: Alibaba (Wednesday before the bell). Close: $101.15, ATM Straddle: $5.46. Open up: $2.65, Traded up: $2.95. Facebook (Wednesday after the bell). Close: $127.17, ATM Straddle: $6.68. Open down: $5.17, Traded down: $7.56. Starbucks. Close: $52, ATM Straddle: $2.45 - 4.7% OCC cleared contract volume down 13% in October. Options #QuestionOfTheWeek: Special #Earnings, #Election, #WorldSeries edition $FB ATM strd=$7.30 $VIX=17.20. Whic...
Nov 04, 2016•1 hr 2 min
Trading Block: The tumultuous presidential election could peak the VIX today. Emotional uncertain about the election? Stick to your investing plan . Odd Block: Calls trade in Metlife Inc. (MET), calls and puts trade in Holly Frontier Corp (HFC) and puts trade in Encana Corp (ECA). Mail Block/ Options #QuestionOfTheWeek: Special #Earnings, #Election, #WorldSeries edition $FB ATM strd=$7.30 $VIX=17.20. Which outcome is most likely? $VIX > 20 before election $FB beats ATM Straddle @realDonaldTru...
Nov 01, 2016•1 hr 3 min
Trading Block/Earnings Palooza! Before the Bell: TSLA: stock up 1.5%, $12.30 (6%) AAPL: stock closed $118.25, but dropped nearly $5 the next trading day - now trading around $115, straddle $5.25 (4.5%) TWTR: ATM straddle - $2.10, approx. 12% - stock nearly unchanged today. After the Bell: GOOG: ATM straddle - $39.45, approx. 5% AMZN: ATM straddle - $50 - approx. 6% Odd Block: Calls trade in Gilead Sciences Inc (GILD), calls trade in Southwest Airlines Co. (LUV) calls trade in Marathon Petroleum ...
Oct 28, 2016•1 hr
Trading Block: Earnings today before the bell: T-Mobile USA, Inc. Earnings today after the bell: Visa Inc. S&P 500 Skew Unwind Shows Complacency Over Clinton Win: Analysis . TD Ameritrade to buy Scottrade in two-step deal with TD Bank: Read more . Odd Block: Calls trade in Fiat Chrysler Auto (FCAU), puts trade in Time Warner Inc. (TWX), calls and puts trade in CBS Corp. (CBS). Mail Block/QuestionOfTheWeek: Is #Trumpocalypse done? Is $VIX already pricing in @HillaryClinton win? Where will $VI...
Oct 25, 2016•1 hr 5 min
TRADING BLOCK Earnings highlights today: Before the bell: American Airlines, Dunkin Brands, Verizon Communications, Textron (TXT), Illinois Tool Works (ITW) and Union Pacific (UNP) After the bell: E*Trade Financial Corporation, Microsoft Corporation, PayPal Holdings The return of pit trading? CFTCs Massad wants access to automated trader source code. A Nasdaq speed upgrade is threatening IEX. Resources mentioned in the show: http://www.valuewalk.com/2016/10/cftc-automated-trading/ http://www.wsj...
Oct 21, 2016•1 hr
Trading Block: Earnings today before the bell: Bank of America (BAC) leading off before the market opened Monday with a positive result. Earnings today after the bell: IBM: $154.50, ADV 23K; Today over 50k, ATM Straddle: $6.50, approx. 4% Resources mentioned in the show: OptionsHouse blog Options market sees Netflix as a coiled spring ahead of earnings CEO sold millions in Wells Fargo stock before fraud revelations Odd Block: Calls trade in SPDR KBW Bank (KBE), calls trade in Bank of America Cor...
Oct 18, 2016•1 hr 5 min
Trading Block: Dow drops amid weak China data and rate fears. Will it be a cold winter? Will that spike energy prices? WTF Fed? Airline earnings Odd Block: Calls and puts trade in Johnson Controls Intl (JCI), call buyers in Blackstone Group LP (BX), calls trade in Tenet Healthcare Inc (THC) Strategy Block: Mike Tosaw discusses income strategies. Mail Block: Listener questions and comments Question from TraderOnki Re: ULTA Guidance Increase - Wednesday Close: 238.97 - Thursday morning news: Ulta ...
Oct 14, 2016•59 min
Trading Block: Deutsche Bank says derivatives exposure fears overblown. Twitter shares plunge on report bidders are scarce. TWTR off 11% - back around $17.50. Dow soars as traders await earnings season; Nasdaq near record high. Odd Block: Calls trade in Energy Transfer Partners LP (ETE), calls trade in Boston Scientific Corp (BSX), and calls trade in Nabors Industries LTD (NBR). Mail Block/Options #QuestionOfTheWeek: What is your fav way to trade #Volatility? $VIX? $VXX? $XIV? $SPX? $SPY? Other?...
Oct 11, 2016•1 hr 4 min
Trading Block: An anemic day in the market. Deutsche Bank does not need a bailout for now, IMF says. DB-$13.50; normal ADV is around 30k, today it was over 65k. Twitter shares plunge on report bidders are scarce. TWTR off 20%. Odd Block: Puts trade in JP MorganChase and Co. (JPM), calls trade in Wal-mart Stores, Inc (WMT), puts trade in Lowes Companies, Inc (LOW). Strategy Block: Mike discusses weekend risk. Mail Block/ Options #QuestionOfTheWeek What is your preferred way to trade #Volatility? ...
Oct 07, 2016•1 hr 2 min
Trading Block: It is that time of the month: OCC Cleared Contract volume up 2% in September. Exchange-listed options volume reached 357,041,027 contracts in September, up one percent from September 2015 volume of 354,782,668 contracts. TSLA: Quarterly sales numbers are strong. 70% increase in delivered cars over Q2. Production up 35%. Odd Block: Puts trade in Deutsche Bank AG (DB), alls roll out in Pfizer Inc (PFE) and calls trade in Wells Fargo Co (WFC). Mail Block: Listener questions and comme...
Oct 04, 2016•1 hr 5 min
Today we have a very special guest co-host, Benjamin Londergan, Executive Managing Director and Head of Options Trading and Technology, Convergex. Trading Block: Most indices closed sharply lower. That means the VIX closed higher. Was Deutsche Bank the biggest story of the day? The media dropped the dreaded "D" word. Crude is up again. Revisiting the CBOE/BATS deal. Odd Block: Size PFE time spread goes up, size BHI call buyers and VNDA parity calls and combos trade. Strategy Block: Uncle Mike di...
Sep 30, 2016•1 hr 4 min
Trading Block: Vol begins to head north again after a big selloff in VIX on Friday. The debates are coming! Merkel has no love for Deutsche Bank. Golf loses a king, Arnold Palmer. What can investors learn from his endorsements? Are you seeing Trump in the rearview mirror? CBOE agrees to buy market operator Bats for $3.2 Billion. With a B. Interesting turn into exchange consolidation rather than fragmentation. Odd Block: Puts trade in EWG, calls trade in TCK and calls trade in DVAX. Mail Block: L...
Sep 27, 2016•1 hr 4 min
Trading Block: VIX apocalypse post-Fed. It looks like we were not pessimistic enough on Vol Views last week! How will next weeks first Presidential debate effect vol? Wall Street extends rally after Fed rate decision. Fed is perilously close to losing its credibility, says economist. Odd Block: Calls trade in ETSY Inc (ETSY), from Monday, calls trade in Bank of America Corp (BAC), calls trade in Encana Corp (ECA), and calls trade in Pandora Media Inc (P). Strategy Block: Mike Tosaw discusses cal...
Sep 23, 2016•57 min
Trading Block: AAPL! It is no longer the Feds market, it is now Apple's market. Last week Apple essentially carried the S&P 500, Dow, and NASDAQ, having one of its best weeks ever climbing 12% in only 5 days, or more than $75B in market cap! NASDAQ: The NASDAQ is now less than 1% away from hitting fresh all-time highs - The current all-time high is 5,287.61. Odd Block: Calls trade in Infoblox Inc (BLOX), calls trade in Etsy Inc. (ETSY) and calls and puts trade in Plains GP Holdings LP (PAGP)...
Sep 20, 2016•1 hr 1 min
Trading Block: Volatility is coming back! Wall Street gains on Apple, dimmer chances of rate hike. Odd Block: Calls trade in Lending Club Corp (LC), calls trade in Infoblox Inc (BLOX), and calls trade in Technology SPDR (XLK) Mail Block: Listener questions and comments Question from Yukoner: Do you ever do spreads in LEAPS? Why and how? So I used trade the LEAPS rather than guy the stock. Is that s good use case? Question from Trader Shawn: What is the difference between USO and UCO? Question fr...
Sep 16, 2016•1 hr 4 min
Trading Block: Dow rebounds 130 points amid rate hike debate. Vol explodes higher and the bulls' confidence is tested. TSLA: Shares of Tesla Motors Inc. fell in pre-market trading but was slightly higher after the open. SSNLF: Shares of the world's biggest smartphone maker plunged 7% Monday. Odd Block: Calls trade in Gold Fields Ltd (GFI), calls trade in Southwestern Energy Co. (SWN), puts trade in HCA Holdings Inc. (HCA). Mail Block: Listener questions and comments Question from JDiggs - What i...
Sep 13, 2016•1 hr 2 min
Trading Block: August this year was the lowest average daily volume for puts and calls since October 2012. Stocks to Watch: TWTR - Stock off over 5% AAPL - World not enthused with new iPhone, stock off nearly 3% TSLA - Stock back below $200 - With the combined weight of SCTY deal controversy, cash squeeze and SpaceX explosion. SBUX - CEO endorses Hilary, stock off nearly 2%. Crude stock drop sparks rally. U.S. crude stocks fell by a whopping 14.5 million barrels last week. Odd Block: Calls trade...
Sep 09, 2016•1 hr 3 min
Trading Block: OCC Cleared Contract volume down 24% in August. Earnings today: (before the bell) Campbell Soup Co., Lands End, Vera Bradley; (after the bell) Lululemon Athletica Inc. Bill Gross says Janet Yellen has "Mastered the art of market manipulation." U.S. stocks turn lower to start September on unsteady footing as energy sinks. Odd Block: Puts trade in Iridium Communications Inc. (IRDM), calls trade in Chevron Corp. (CVX) and calls trade in Pandora Media Inc. (P). Strategy Block: Uncle M...
Sep 02, 2016•1 hr
Trading Block: Stocks to Watch: Mylan, Herbalife, and Caesars Entertainment. Mylan on Monday said it would launch a generic alternative to EpiPen at a 50% discount after being criticized for dramatically raising the price of the lifesaving drug. Shares gained 2.4% to $44.05 in premarket trading. Carl Icahn bought more shares in Herbalife on Friday, just days after he weighed selling his stake in the controversial nutritional-products maker. Herbalife shares rose 2.7% to $62.11 premarket. Federal...
Aug 30, 2016•1 hr 6 min
Trading Block: Earnings today include: Gamestop, Ulta Salon, Cosmetics and Fragrance. Gamestop (GME) is at $32.21, ATM straddle: $1.50, or approx. 4.6%. Stocks to Watch: Mylan, Medtronic, Signet Jewelers, Sears, Guess. Mylan NV responded Thursday to backlash over price increases for its EpiPen emergency allergy treatment by promising to reduce the costs that some patients pay, though the drugmaker stopped short of saying it would roll back prices or limit future increases. Shares rose 2.18% to $...
Aug 26, 2016•1 hr 3 min
Trading Block: The one- year anniversary of the 8/24 flash crash looms near. Yellen speech at Jackson Hole set to dominate mood on Wall Street. VRX continues its roller coaster ride. Up another 8% today - volume 1.5 ADV by 12PM. Calls 1.5 /1 over puts, IV 30 61. Sep. ATM straddle approx. $4, approx. 13%. Confirmed Monday that it has hired Zoetis executive Paul Herendeen as its new chief financial officer. Odd Block: Calls trade in Starbucks Inc (SBUX), calls trade in Marvel Tech Group (MRVL), pu...
Aug 23, 2016•1 hr 3 min
Trading Block: Earnings today (before the bell): Wal-Mart, Hormel Foods, MSG Networks); (after the bell): Gap, Ross Stores. Wal-Mart closed at $73. ATM straddle $2.75, approx. 3.8% Options #QuestionoftheWeek: $VRX $26.66 up 7% Monday. IV30 is 63. HV30 is 99. Looking out 1 month would you rather: Buy Calls? Buy Puts? Sell Premium? Will not touch $VRX Odd Block: Calls trade in JA Solar Holdings Co. (JASO), puts trade in iPath SP Crude Oil ETF (OIL), puts roll in Eli Lilly and Co (LLY), and puts tr...
Aug 19, 2016•1 hr 4 min
Trading Block: New all-time highs across most major indices. Oil rallies yet again; up 1.5%. VIX cash still below the 12-handle. Earnings Tuesday: BMO. Stock $137. ATM straddle approx. $4/3%. Odd Block: Vertical put buying in Polaris Industries Inc. (PII), vertical call buying in Energy Transfer Partners LP (ETP), buying calls in Akamai Technologies Inc. (AKAM) Mail Block/Options Question of the Week: What is your preferred way to trade crude oil? #QOTW WTI Options/Futures USO Options/ETF XLE Op...
Aug 16, 2016•1 hr 4 min
Trading Block: Strong earnings, surge in oil power Dow to record intraday high. Earnings today: Before the bell: Alibaba Group Holding Ltd, Kohls Corporation, Macys Inc.; After the bell: Cosi, Inc., Nordstrom Inc. VRX: ATM straddle approx. $3, 13%. So much for put buyers Stock opened $1.50 higher and closed nearly $6 higher - surrendered most of those gains today. Odd Block: Calls trade in Twitter Inc (TWTR), calls trade in Alibaba Group Holdings (BABA), puts trade in SPDR Retail ETF (XRT) Mail ...
Aug 12, 2016•1 hr
Trading Block: Earnings today include (before): Dean Foods, Sotheby's, Tyson Foods; (after) Hertz Global Holdings, Rackspace, WebMD Health Corp. Options bears descend on Valeant ahead of earnings. Traders are betting shares are due for even more pain. Non-farm payroll brightens the U.S. economic outlook. Odd Block: Puts trade in Tupperware Brands Corp. (TUP), puts trade in SM Energy Co. (SM), calls trade in Targa Resources Corp. (TRGP) Strategy Block: Uncle Mike Tosaw discusses money management ...
Aug 09, 2016•1 hr 3 min
