Trading Block: Snap stock rises after company announces new Amazon partnership; Earnings: Walt Disney Co (DIS) Odd Block: Aggressive call sale in TransUnion (TRU), call sale in Williams Companies Inc. (WMB) and puts/calls deal in Sirius XM Holdings Inc. (SIRI). Strategy Block: Uncle Mike Tosaw discusses both trading in a low Vol market and how to pay for puts. Mail Block: Is it just me? Question from Niny3 - Is it me? I seem to only get filled on my limit option order when the stock moves aggres...
Sep 24, 2018•59 min
Trading Block: Earnings and major moves Oracle Corporation (ORCL) after the bell - $49.25, ATM straddle: $2.75, approx. 5.5% FedEx Corporation (FDX) after the bell - $255.25, ATM straddle: $8.50, approx. 3.3% Reefer madness hits the options markets as cannabis shares continue to climb. $TLRY $CORE $MJ Odd Block: Tesla Inc. (TSLA) put summary, call love in KKR & Co Inc. (KKR), put love in Meet Group Inc. (MEET) and call love in Delek US Holdings Inc. (DK). Mail Block: Options question of the ...
Sep 21, 2018•1 hr 2 min
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 in Bed Bath & Beyond Inc. (BBBY), and call love in Antero Resources Corp (AR). Strategy Block: U...
Sep 18, 2018•57 min
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=
Sep 14, 2018•58 min
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 EB18 - What do you think of $FB calls profiled on Options Action last week? Question from Anzew - If I ...
Sep 10, 2018•1 hr 2 min
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 brokerage? Ideally low cost per contract and the ability to enter spread orders on a mobile...
Sep 07, 2018•1 hr 5 min
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 $1. Your trade? 30% - Buy #Connor Calls? 32% - Buy #Floyd Calls? 16% - I'd rather sell premium 22 -...
Aug 30, 2018•1 hr 2 min
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 of the Week: Earnings Season is upon us. Big names are reporting soon. Which is your pick for the lar...
Aug 27, 2018•1 hr 1 min
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: Options question of the week We're talking about #Crypto #Derivatives at the upcoming @BlockchainV...
Aug 24, 2018•1 hr 1 min
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 #options expertise. Quite simply - how would you describe yourself at a dinner party? 13% - Curre...
Aug 21, 2018•1 hr 1 min
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-timed bullish stupid in Cleveland-Cliffs Inc. (CLF) (From 7/16), and earning bet in Interpublic Group of ...
Aug 17, 2018•1 hr 1 min
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 QOTW: This week we would like to know more about your level of #options expertise. Quite simply -...
Aug 14, 2018•57 min
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 Russell 2000 Growth Index (IWO), vertical opening in Endo International PLC (ENDP), and small vertic...
Aug 10, 2018•1 hr 2 min
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?
Aug 07, 2018•16 min
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 rate hikes. Mail Block: Listener questions and comments Question of the week: EarningsSeason is sti...
Aug 03, 2018•57 min
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 the week EarningsSeason is still in full swing. Which names will dominate your options trading this...
Jul 31, 2018•58 min
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? Submit them below: Buy Calls/Spreads Buy Puts/Spreads Sell Puts/Spreads Sell Calls/Spreads Comment f...
Jul 27, 2018•1 hr
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 Corn Fund (CORN), calls and puts trade in Ebay Inc (EBAY), and calls trade in Mattel Corp (MAT...
Jul 24, 2018•58 min
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 Tosaw discusses options pairs vs. stock pairs. Mail Block: Listeners weigh in Volatility Flash Poll: ...
Jul 20, 2018•1 hr 2 min
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-Cliffs Inc. (CLF). Risk reversal in Interpublic Group of Companies Inc. (IPG). Put roll in QEP Reso...
Jul 17, 2018•1 hr 2 min
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: Options question of the week Options during earnings season can be challenging. Some live for it w...
Jul 13, 2018•59 min
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 Options question of the week: Traders generally fade vlatility going into holidays (today notwithstandin...
Jul 10, 2018•58 min
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 continue to trade. Back and forth trading in Tesla Motors (TSLA). Puts trade in LG Display Company L...
Jul 05, 2018•1 hr
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 trading short put spreads Mail Block: Options question of the week Traders generally fade volatility g...
Jul 03, 2018•57 min
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 Block: Question form Jack Daniels trades: Pump me up $WWE don't fade! Huge TV deal billionsss. Let'...
Jun 29, 2018•1 hr 1 min
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 have some fun. These "entertainment" stocks are pricing in big moves. Gun to your head: Which July ATM ...
Jun 26, 2018•1 hr 1 min
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 locations. Is IQIY Inc. being impacted by the threat of trade war? Strategy Block: Managing risk com...
Jun 22, 2018•1 hr
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 Rent-A-Center. Mail Block: Listeners take over Last week's question of the week: We've broken down the wee...
Jun 19, 2018•1 hr
In this episode, the all stars are live at the annual Option Pit Pro Trader Summit. Chaos, hilarity, and options discussion ensued.
Jun 15, 2018•31 min
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 Supply (BECN). Strategy Block: Uncle Mike Tosaw discusses Bitcoin/crypto future. Mail Block/Options Qu...
Jun 12, 2018•1 hr
