Trading Block: Earnings! Tuesday - McDonalds, GM, Chipotle, AT&T. Chipotle Mexican Grill (CMG), ATM straddle - $20, approx. 6.25% Wednesday - VISA Thursday - Twitter, Amazon, Google, Microsoft Friday - ExxonMobil, Merck Odd Block: Calls trade in Fortuna Silver Mines Inc. (FSM). Combo/straddle trade in iShares MSCI Japan ETF (EWJ). Size buy/write in West Fraser Timber Co. Ltd.(WFT) Mail Block: Options question of the week It looks like you all REALLY want after-hours #Options trading. The que...
Oct 24, 2017•1 hr 3 min
Trading Block: Black Monday 30th Anniversary, October 19, 1987. Earnings: GE Honeywell P&G SunTrust Odd Block: Massive closing paper in Norfolk Southern Corp. (NSC), and review from 8/17 - Rolling winning puts in WisdomTree India Earnings Fund (EPI). Strategy Block: Uncle Mike Tosaw discusses hedging stock Mail Block: Options question of the week EarningsSeason is here! Which name do you plan to trade most actively this cycle? 31% - Tesla, $TSLA 41% - Amazon, $AMZN 17% - Apple, $AAPL 11% - A...
Oct 20, 2017•1 hr
Trading Block: Earnings! Netflix, ATM straddle - $15.30, approx. 7.5% Tuesday - IBM Wednesday - Alcoa Thursday - Verizon, PayPal, Etrade Friday - Honeywell, P&G Odd Block: Size upside love in Comcast Corp. (CMCSA), size roll in Alerian MLP (AMLP) and funky ratio vertical/stupid in Himax Technologies, Inc. (HIMX). Mail Block: Options question of the week Earnings Season is almost upon us! What's your favorite way to trade earnings using #Options? Sell Strad./Fly/Condor Buy Strad./Fly/Condor S...
Oct 17, 2017•1 hr 3 min
Trading Block: Roku hit the trading floor. We present some stats from the first week. ADV: 4413 contracts OI: 12,800 contracts, puts slightly outnumber calls 1.2/1. Plus, the craziest gold trade of the year. Odd Block: Size put roll in iShares S&P 500 Index Fund (XSP), funky prints in Applied Materials, Inc. (AMAT) and combo Swap/Roll in Edwards Lifesciences Corp (EWW). Strategy Block: Uncle Mike Tosaw discusses managing vertical spreads. Mail Block: Options question of the week EarningsSeas...
Oct 13, 2017•1 hr 3 min
Recorded on March 20, 2017, this Best of Option block looks back on when the SKEW index finally popped. Posted March 21st, 2017 Trading Block: Apple continues to rally. NASDAQ touches fresh intra-day record, but stocks fight for traction. CBOE Skew Index trending higher. It's about time. Odd Block: Puts trade in GameStop Inc. (GME), call spreads trade in FireEye Inc. (FEYE) and puts trade in Grupo Televisa SAB (TV). Mail Block: Polls, upsets, questions, and more. Options #BrokerMadness tournamen...
Oct 10, 2017•1 hr 1 min
Trading Block: UPS and FedEx stocks fall as Amazon moves further into delivery space. CBOE Holdings plans listing of Roku (ROKU) options with an expected start date of October 6. Odd Block: More TSLA “Catastrophe" puts. 8/28 - Ratio risk reversal in Dollar General (DG). 8/28 - Nickel put palooza in (PSTG). 8/17 - Call frenzy in (XLU). Strategy Block: Tosaw discusses interest rates and a new fund through RCM. Mail Block: Listeners have their say Options question of the week: Everyone's got electr...
Oct 06, 2017•59 min
Trading Block: A quick overview of our live show from last week. OCC cleared contract volume last month down 9% from September 2016. Odd Block: A quick summary of the TSLA "catastrophe" puts. Size opening combo in General Motors Company (GM). Puts roll into collar in United States Natural Gas Fund (UNG). Size vertical roll in Caesars Entertainment Corp (CZR). Mail Block: Listeners have their say Options question of the week: Everyone's got electric cars on the brain. How are you playing the shif...
Oct 03, 2017•1 hr 4 min
Featuring special guests Kevin "Lex" Luthringshausen, and Matt "Tubby" Benson. Trading Block: What is the Pro Trader Summit? VIX is back in the single digits. Memories of trading floor days. Mega Live Mail Block: What's your favorite ETP? Questions from the audience. Question from Ryan Staddon - Any chance you could give me some information on how to or most effectively short ECB n feds QE programes or bond markets?? Question from ISU - Question for the option block: Let's say you're short naked...
Sep 29, 2017•1 hr 1 min
Trading Block: VIX is back in the double digits hitting 11.21 today. VIX volume is exploding: Over 2.5M contracts traded so far. Will traders take a knee too? Return of the VIX whale? Odd Block: Put palooza in the iShares MSCI Japan ETF (EWJ), Upside call vertical in United Parcel Service, Inc. (UPS). Mail Block: Listener Questions and Comments Comments regarding the possible Equifax insider trading: Comment from Jedi Markus -Sounds easy enough for a jury to understand it then....#GUILTY Comment...
Sep 26, 2017•1 hr 5 min
Trading Block: VIX is back in the single digits, hitting 9.54 today. AAPL and the iPhone X. The Key Question on Equifax Options Trade Is Who Initiated the Order . Odd Block: A funky fly/stupid in Finish Line Inc. (FINL). Put spread vs. calls in SPDR Euro Stoxx 50 ETF(FEZ). Size collar trade in Amicus Therapeutics, Inc. (FOLD). Strategy Block: The listeners pick the strategy block: Uncle Mike discusses selling premium with a 9 VIX. Mail Block: Listeners take control of the show Comment from Salma...
Sep 22, 2017•1 hr 3 min
Trading Block: The S&P held 2500 today. Equifax gives away the keys to the kingdom. One exec even cashed in his options before the public disclosure. EFX options volume up is again today. Odd Block: TSLA Options tracker is back. Size call vertical in Visa Inc. (V). Massive opening call print in T-Mobile US Inc. (TMUS). Mail Block: Listeners have their say Options question of the week: First #Harvey, then #Irma, now #Jose & more. We prep houses/cars/family for #disasters. How do you prep ...
Sep 19, 2017•1 hr 3 min
Trading Block: Trading VIX iron condors. Crude up 10% over the last couple of weeks. New Apple iPhone rumored to cost $1,000. Odd Block: Calls trade in Union Pacific Corp (UNP). calls trade in True Car Inc (TRUE), and puts trade in Amgen, Inc (AMGN). Strategy Block: Uncle Mike Tosaw discusses rolling protective puts. Question Block: Options question of the week. First #Harvey, then #Irma, now #Jose & more. We prep houses/cars/family for #disasters. How do you prep your portfolio? Get Long $V...
Sep 15, 2017•1 hr 1 min
Trading Block: Irma hits Florida, Jose next? Kiplingers releases its list of top online brokers: 7. Ally 6. Vanguard 5. TD Ameritrade 4. E-Trade 3. Charles Schwab 1. (Tie) Fidelity & Merrill Edge Odd Block: Massive call vertical in PowerShares DB US Dollar Index (UUP), size roll in Guggenheim CurrencyShares Euro Trust (FXE) and calls trade in Array Biopharma Inc. (ARRY). Mail Block: Options questions of the week: As Q4 looms, where are you placing your bullish #Volatility bets? Which has mos...
Sep 12, 2017•1 hr
Joining the all-star panel is guest co-host Greg Stevens, VP of Product Development of Options at Fidelity Investments. Trading Block: Hurricane Irma puts Florida in it's crosshairs. The numbers are in: August was surprisingly strong. Earnings season is in the rearview mirror now. Odd Block: TSLA options tracker. Upside call love in Himax Technologies, Inc. (HIMX), massive put block in iShares MSCI Japan ETF (EWJ), and call frenzy from 8/17 in Utilities SPDR (XLU). Mail Block: Options question o...
Sep 08, 2017•1 hr 7 min
Trading Block: A thin day in the market. Lululemon (LULU) after the bell: ATM straddle - $6.75, approx. 12%. Will invisible yoga pants strike again? Odd Block: A review of past paper: Paper buying strangles in Tesla Motors (TSLA) on Aug 3rd. Call love in Extended Stay America (STAY) on Aug 7th. Strategy Block: Uncle Mike Tosaw discusses call spread trades Mail Block/Options Question of the Week: Let's get cheap! If you had to buy "lottery ticket" December calls for $.05 in one name - which would...
Sep 01, 2017•1 hr 2 min
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 $1. Your trade? 30% - Buy #Connor Calls? 32% - Buy #Floyd Calls? 16% - I'd rather sell premium 22 - Whoever Wins We Love Listener questions: Question from ...
Aug 29, 2017•1 hr 2 min
Trading Block: Amazon announces price cuts at Whole Foods, Hurricane Harvey bears down on oil central. Earnings are still happening! GameStop (GME) after the bell - ATM straddle $2, approx. 9%. Odd Block: Rolling calls in Genworth Financial Inc. (GNW), rolling calls in SPDR S&P Metals and Mining (XME) and weird rolls in L Brand Inc. (LB). Strategy Block: Uncle Mike Tosaw discusses strike price selection for a covered call. Mail Block: Options Question of the Week Look at #MayweatherMcGregor ...
Aug 25, 2017•1 hr 3 min
Trading Block: The eclipse hits the U.S. market. Steve Bannon gone from the White House. Elon Musk urges the UN against the use of AI in warfare. Odd Block: 105 More $TSLA Jan 2019 50 "Catastrophe" puts hit the tape today. Put spreads trade in Starbucks Corporation (SBUX). Size put spreads in Utilities SPDR ETF (XLU). Mail Block: Poll review Question of theWeek: Taking a break from #FireandFury & $VIX to talk #Earnings. Which #Options are you looking forward to trading this week? 18% - CSCO ...
Aug 22, 2017•59 min
Trading Block: WMT and BABA earnings today before the bell. Donald Trump sympathizes with Confederate statues. A look at George Soros options positions. Odd Block: More TSLA Jan 2019 50 "Catastrophe" puts hit the tape today. Call frenzy in Utilities SPDR ETF (XLU). Funky puts trade in Prospect Capital Corporation (PSEC). Rolling puts in WisdomTree India Earnings Fund (EPI). Strategy Block: Uncle Mike Tosaw discusses his recent SPY diagonal spreads. Mail Block/Options Question of the Week: Taking...
Aug 18, 2017•1 hr 2 min
Trading Block featuring Matt "Tubby" Benson. VIX back in the 12 handle - is Fire and Fury over? Sept future down from 15.20 to 13.20 FIZZ and the Cook County soda tax Odd Block: Puts trade in Urban Outfitters Inc. (URBN), risk reversal in Hewlett Packard Enterprise Co (HPE), calls trade in Teradyne Inc. (TER). Mail Block/Question of the Week: Taking a break from #FireandFury & $VIX to talk #Earnings. Which #Options are you looking forward to trading this week? CSCO BABA HD WMT Volatility Fla...
Aug 15, 2017•1 hr 2 min
Trading Block: VIX getting some life again thanks to "fire and fury." Earnings after the bell: NVDA - ATM straddle: $15, approx. 9% SNAP - ATM straddle: $2.25, approx.16.5% Odd Block: Put spreads trade in iShares MCSI South Korea Index (EWY) , put rolls in SPDR Retail ETF (XRT) and puts sell and call in Urban Outfitters (URBN). Strategy Block: Uncle Mike Tosaw discusses what happens when low volatility gets higher in the course of just one day. Mail Block/Flash Poll: BOX Options is opening a new...
Aug 11, 2017•1 hr 1 min
Trading Block: Investors Have Never Been More Short Volatility Futures Odd Block: An update on the Tesla "Catastrophe Puts," call frenzy in Procter & Gamble Co (PG), size bullish combo/conversion/reversal in iShares IBoxx $ Invest Grade Corp. (LQD), and calls trade in Extended Stay America Inc (STAY). Mail Block: More Tesla commentary From Michael Smith - This is an obscene about of OI that far out of the money. From Bart S. - Are those Puts bought or sold? From Gary Paster - A very interest...
Aug 08, 2017•1 hr 3 min
Trading Block: Apple earnings after the bell on Tuesday. ATM straddle $6, approx. 4% Options Earnings Poll - $AAPL earnings on Tuesday. The market is pricing a 4% move - approx. $6. Do you think $AAPL can do it? 32% - $6 is Cheap, Buy Straddle 25% - $6 is Rich, Sell Straddle 30% - $6 Seems Fair 13% - Can't Stand $AAPL Tesla earnings on Wed - $322.87. ATM straddle - $22.50, approx. 7% Odd Block: Puts trade in Flotek Industries Inc (FTK), calls trade in Mitek Systems, Inc. (MITK), risk reversal in...
Aug 04, 2017•1 hr 2 min
Trading Block: AAPL earnings after the bell on Tuesday. ATM straddle $6, or approximately 4%. Options Earnings Poll: $AAPL earnings on Tuesday. The market is pricing a 4% move, which is approximately $6. Do you think $AAPL can do it? $6 is Cheap- Buy Straddle $6 is Rich- Sell Straddle $6 Seems Fair Can't Stand $AAPL Odd Block: Puts trade in Altria Group Inc (MO), puts trade in Pantheon NV (PTHN) Mail Block: Listener Questions and Comments Comment from Shawn St.Peter - I think someone would buy t...
Aug 01, 2017•1 hr 3 min
Trading Block: Amazon rallies 2%. Bezos surpassed Gates ever-so briefly as richest man in the world. Then there was a selloff. Earnings Flash Poll - $AMZN is up next. ATM Straddle approx. $50 - aka 4.5%. Does a $50 earnings move seem reasonable or crazy to you? 39% - I'll buy that for $50 22% - I'll sell that for $50 28% - Seems Fair to Me 11% - I'm waiting for $AAPL Odd Block: Call rolls in Dynavax Technologies Corporation (DVAX) and calls trade in JetBlue Airways Corporation (JBLU). Strategy B...
Jul 28, 2017•1 hr 2 min
Trading Block: Earnings! Monday - Alphabet earnings after close today Earnings Flash Poll - $GOOGL is on deck. With $GOOGL around $993 the ATM Straddle is pricing in a 4% move. Are you a buyer or a seller? Buy it - 4% is cheap Sell it: 4% is expensive 4% is just right I'm holding out for $AMZN More earnings! Tuesday - GM, McD, AT&T, Chipolte, AMD Wednesday - FB, Coca-Cola, Boeing Thursday - Amazon, Intel, UPS, Southwest Friday - ExxonMobil, AA Odd Block: Puts trade in Sirius XM Holdings Inc....
Jul 25, 2017•1 hr 1 min
Trading Block: Earnings after the bell today: Ebay - $37.19 Microsoft - $73.81 Earnings season is back! $MSFT & $EBAY are up next. $MSFT ATM Straddle = 3.5%. $EBAY ATM Straddle = 7% Which trade would you make? Buy $MSFT Straddle 3.5% Buy $EBAY Straddle 7% Sell $MSFT Straddle 3.5% Sell $EBAY Straddle 7% NFLX Closed $161.70 on 7/17, traded as high as $185 (up $23) the next day. Odd Block: Put trade in Home Depot Inc (HD) and puts roll in Spider S&P Biotech (XBI). Strategy Block: Uncle Mike...
Jul 21, 2017•1 hr 1 min
Trading Block: NFLX earnings after the bell. Netflix trading around $161.19. Options Flash Poll: Earnings season is back! $NFLX ($161.19) is currently pricing in a $13 ATM straddle (approx. 8%). What's your take? $13 is WAY too Cheap $13 is WAY too expensive $13 is JUST RIGHT I'm sitting this one out Amazon taking on Blue Apron - filing a trademark for a competing meal-kit service Odd Block: Puts trade in (CHRW), puts roll in Harley-Davidson (HOG), size call diagonal in STZ. Mail Block: Listener...
Jul 18, 2017•1 hr
Trading Block: Amazon Prime Day today. Lots of closing VIX puts. Waiting on what Yellen may say. Odd Block: TSLA options tracker - 145 "catastrophe" puts hit the tape today, 20 more Jan 2018 20 puts also trade today. APRN first week review - paper buys 1080 Aug 9 calls for $0.40. Crazy tree or put spread in iShares MCSI Taiwan Index (EWT). Strategy Block: A double strategy today! A put roll down trade in silver and a modified collar trade in XLF. Mail Block: Options question of the week. $APRN #...
Jul 14, 2017•1 hr 2 min
Trading Block: Blue Apron options to list on CBOE exchanges on Monday."Amazon Prime Day" is today. A plan for new trading pit triggers a feud in the U.S. options market. Odd Block: TSLA Options Tracker - 51 more "catastrophe" puts hit the tape today. Puts roll in L Brands Inc. (LB) Puts trade in Gap Inc. (GPS) Mail Block: Listeners weigh in Options question of the week: Blue Apron $APRN is down over 10% from its #IPO price. Assuming #Options were listed, what trade would you make? Buy Dec 10 Cal...
Jul 11, 2017•59 min
