The Option Block 773: Getting Gossipy Live With The Rock Lobster In this episode Mark is joined live in the studio by the Greasy Meatball AND the Rock Lobster (along with Uncle Mike beaming in from St. Charles). Gossipy madness ensues...
Jan 11, 2019•55 min
The Option Block 772 - Still A Market For Crazy People TSLA, AAPL, AMZN all in the news. VIX still eerily flat. What were the Top 10 OB Episodes of 2018? Tune in to find out. Odd Block Today we review the following unusual activity: DAN call love EXEL call love CSOD call love Strategy Block Uncle Mike's advice - in a nutshell Stay Vertical Mail Block Gauging your thoughts about AAPL at these levels Answering your questions about the mystery window after the close to exercise options on expiratio...
Jan 08, 2019•57 min
TRADING BLOCK VIX: 207k, SPY: 1.7M, SPX: 694k, QQQ: 476k MVP of the Year: We've got quite the horse race now to see who will be crowned the most valuable company by the end of the year. Amazon was briefly number one today, but closed in the second spot. Now we have: $MSFT at 860.43 billion market cap. - 779.2B on 12/31 $AAPL at 877.04 billion market cap. - Now 748.5B on 12/31 $AMZN at 866.63 billion market cap. - 734B on 12/31 ODD BLOCK Put love in Avis Budget Group Inc. (CAR) Call love in Brist...
Jan 04, 2019•1 hr 1 min
Originally published January 30, 2018 Trading Block: VIX is back into the 13 handle. Earnings this week: Wednesday - FB, Microsoft Thursday - Alphabet, Amazon, Apple, Alibaba The ORATS earnings report for 1/29/2018 Odd Block: More Jan 2019 50 "Catastrophe" puts in Tesla Motors (TSLA). Size call diagonal in Anheuser Busch Inbev NV (BUD). Near-term call paper in Colgate-Palmolive Company (CL). Mail Block: Options question of the week Earnings Season is upon us once again! It's time for #Tech to pu...
Dec 31, 2018•1 hr 2 min
Trading Block: A look back at the year in trading The worst holiday week ever? Dow rallies 1,000 points, logging its biggest single-day point gain ever 2018 YEAR END REVIEW MVP of the Year: Now we've got quite the horse race to see who will be crowned the most valuable company by the end of the year. Amazon was briefly number one today, but closed in the second spot. Now we have: MSFT at 860.43 billion market cap. - NOW 753B AAPL at 877.04 billion market cap. - NOW 721B AMZN at 866.63 billion ma...
Dec 28, 2018•1 hr 4 min
TRADING BLOCK Fed raises rates again - hints at slower raises to come, but not enough for the markets. Chair Powell pretty much says the Fed doesn’t need to respond to Trump or the market. Most active: SPY - 3.54M (ADV 3.72M) VIX - 177k (584K ADV) Earnings Highlights: Thursday - Conagra, Nike Friday - Carmax ODD BLOCK Tesla put summary Call love in (PG) Call love in (EXEL) Put love in (GNW) MAIL BLOCK #Options #QOTW - Which upcoming #Volatility product are you most excited about trading in 2019?...
Dec 21, 2018•1 hr
Trading Block: Looming government shutdown spooks the market. Most active today: SPY - 2.1M (ADV 3.44M) VIX - 326k (603K ADV) Earnings Highlights: Monday - Oracle (after bell) Tuesday - Darden, Navistar, FedEx Wednesday - Rite Aid, General Mills Thursday - Conagra, Nike Friday - Carmax Odd Block: Tesla put summary, opening call sale in (ONB), opening call love in (CG) and put love in Macy's (M) Strategy Block: Uncle Mike Tosaw discusses 1256 contracts and wash sales. Mail Block: Options qusetion...
Dec 18, 2018•55 min
Trading Block: A mixed day today after a crazy week. Most active today: SPY - 1.62M (ADV 3.44M) VIX - 332k (603k ADV) Earnings Highlights: Monday - Stitch Fix Tuesday - Dave & Busters, American Eagle Outfitters Wednesday - Vera Bradley, Peak Resorts Thursday - Costco, Adobe And, Apple falls after Chinese court bans sale of most iPhones Odd Block: Tesla put summary, put breakdown in General Electric Company (GE), call sale in Tenet Healthcare Corp (THC), and call love in Liveramp Holdings Inc...
Dec 14, 2018•56 min
Options news you can use for Tuesday, December 11, 2018
Dec 11, 2018•8 min
Trading Block: Another day, another selloff Most active today: SPY - 2.71M (ADV 3.44M) VIX - 299k (603K ADV) Earnings Highlights: Monday - Stitch Fix Tuesday - Dave & Busters, American Eagle Outfitters Wednesday - Vera Bradley, Peak Resorts Thursday - Costco, Adobe MVP of the Year: Now we've got quite the horse race to see who will be crowned the most valuable company by the end of the year. Amazon was briefly number one today, but closed in the second spot. Now we have: AAPL at 877.04 billi...
Dec 11, 2018•56 min
Trading Block: A look back at the week in trading Tariff Man spooks the market…again. Exchanges were closed on Wednesday, December 5 in observance of a National Day of Mourning for the late George HW Bush. Netflix blew $100M on Friends reruns for one year! Most active this week: SPY - 3.01M (ADV 1.43M) VIX - 476K Earnings Highlights: Tuesday - Dollar General, HP Wednesday - Five Below Thursday - The Kroger Co., Broadcom, Michaels, Ulta Friday - Big Lots Odd Block: Tesla put summary, opening Dec ...
Dec 07, 2018•58 min
Trading Block: Exchanges closed on Wednesday, December 5 in observance of a National Day of Mourning for the late George HW Bush. Earnings Highlights: Tuesday - Dollar General, HP Wednesday - Five Below Thursday - The Kroger Co., Broadcom, Michaels, Ulta Friday - Big Lots Also: Oil selling off - WTI Crude back in the $40 handle. Bitcoin crushed - BTC threatening 4000. Odd Block: Tesla put summary, possible opening call sale in (GPOR), put love in (PVG), and put love in (BEL). Strategy Block: Unc...
Dec 04, 2018•59 min
Trading Block/Earnings highlights from the week: Tuesday - Salesforce Wednesday - Box Thursday - TD, GameStop, HP Clothing Retailers: Burlington, Chico's, J Jill, Guess, Express, Abercrombie & Fitch Plus, Oil sells off - WTI Crude back in the $40 handle. Bitcoin getting crushed - BTC threatening 4000 Odd Block: Tesla put summary, Dec lifts puts in (VOD), opening put love in (AEO), and opening call love in (IQV) Mail Block/Options question of the week AAPL continues to take a beating - recent...
Nov 30, 2018•1 hr
Trading Block: Earnings! Tuesday – Salesforce Wednesday – box Thursday - TD, GameStop, HP Clothing Retailers: Burlington, Chico's, J Jill, Guess, Express, Abercrombie & Fitch Also, Bitcoin (BTC) dropped to its lowest level since October 2017 on Monday, as losses are seen across the broader crypto market. Odd Block: Tesla put summary, opening call sale in (ADI), opening put love in (CRC), and Jan call sale in (PAA) Strategy Block: Tosaw discusses what a risk reversal is and how to use it. Mai...
Nov 27, 2018•1 hr 1 min
Trading Block: Review of the last trading day of the year. VIX barely holding on to double digits. Big meh into the end of the year. Silver is on a tear. The highs and lows of Bitcoin. Cboe announces six Bitcoin ETFs. Uncle Mike creates a new product...Fitcoin. 2017 Year-in Review: The good, the bad, and the unexplicable. Final Options Question of the Week for 2017: What is your enduring market memory/event/trend/etc of 2017? Have a suggestion of your own? We encourage you to choose "Other" and ...
Nov 22, 2018•1 hr
Trading Block: Apple woes hitting the market again., Plus earnings. Target Best Buy Lowe's Kohl's And growth in US corporate earnings expectations remains strong. Odd Block: Tesla put summary; call love in JD.Com Inc. (JD); line in the sand puts in Mattel, Inc. (MAT); put love in ENSCO PLC (ESV). Strategy Block: Uncle Mike Tosaw discusses premium selling Mail Block: Options question of the week You guys did great on last week's crystal ball so we've upped the ante. Where will VIX be at the end o...
Nov 20, 2018•1 hr 10 min
Trading Block: Vol creeping back in as Brexit woes. Bad numbers and Walmart spooking the market. Buffett likes financials. WMT, NVDA earnings. Odd Block: TSLA Flash Poll The top 10 TSLA options positions are DOMINATED by OTM puts. Only one Call position makes the list. Which one is it? No cheating - what does your gut tell you? Feb 450 Call Dec 365 Call Jan 2020 465 Call Jan 600 Call Mail Block: It's crystal ball time! Where will $VIX bet at 1pm central - aka the end of the show - next Friday? S...
Nov 16, 2018•20 min
Trading Block: A look at the week in trading (so far). Selloff mode is back - somewhat. Apple iPhone XR slack demand spooking markets. GE continues to decline on power weakness. Vol creeping back in. Equities: Growth in US corporate earnings expectations remains strong. Odd Block: Tesla put summary Opening call love in (ZNGA) - from 11/5. Opening call love in (ETM) - from 11/1. Put love in (BCS). Strategy Block: Uncle Mike Tosaw discusses adjusting a short call and short put. Around the Block: W...
Nov 13, 2018•1 hr
Trading Block: A look back at the week in options trading Goodbye backwardation! Earnings Highlights for the Week Monday - Sysco, Mylan, Marriott Tuesday - Eli Lilly, CVS Health, Gogo, Etsy, Match, Papa John's Wednesday - Groupon, Roku, Square Thursday - Dropbox, Walt Disney Equities: Growth in US corporate earnings expectations remains strong. Odd Block: TSLA put summary, calls trading in Ctrip.com Internation Ltd (CTRP), and call love in Cornerstone OnDemand, Inc. (CSOD) Mail Block: Option blo...
Nov 09, 2018•1 hr
Trading Block: Earnings Highlights for the Week Monday - Sysco, Mylan, Marriott Tuesday - Eli Lilly, CVS Health, Gogo, Etsy, Match, Papa John's Wednesday - Groupon, Roku, Square, Thursday - Dropbox, Walt Disney Apple screwed the pooch: Apple tumbles 7% after earnings on light guidance. Market cap back below $1T Plus, OCC Sets All Time Monthly Volume Record - OCC Clears Record Monthly Volume in October: Over 567 million contracts cleared in October, up 48.9 percent compared to 2017 Odd Block: Put...
Nov 06, 2018•1 hr 2 min
Trading Block: Earnings Highlights for the Week Tuesday - GE, Sony, BP, FB, ebay, Pfizer, Coca-Cola Wednesday - GM Thursday - Apple, Starbucks, Weight Watchers, Spotify, Cigna, Dow/DuPont Friday - ExxonMobil, Cboe, Alibaba, Chevron, Berkshire Hathaway Equities: Growth in US corporate earnings expectations remains strong. Odd Block: More puts in Tesla Motors Inc. (TSLA) and "Line in the sand" puts in Yelp Inc (YELP) Mail Block: Options question of the week Volatility is all over the place these d...
Nov 02, 2018•1 hr 1 min
Trading Block: And we're back up! Earnings highlights for the week: Tuesday - GE, Sony, BP, FB, eBay Wednesday - GM Thursday - Apple Friday - ExxonMobil, Cboe, Alibaba, Chevron IBM buys Red Hat for $34B Odd Block: Put summary in Tesla Motors Inc. (TSLA), calls going up in Proctor & Gamble Co (PG), call love in Exelixis (EXEL) and put love in Ford Motor Company (F). Strategy Block: Uncle Mike discusses butterflies for buying the dip Around the Block/This Week in the Markets Oct 29: Personal I...
Oct 30, 2018•58 min
Trading Block: Holy crap and holy crap! Earnings: World Wrestling Entertainment (WWE): Earnings topped views but revenue missed as ticket sales to live events fell, and the company plans to go ahead with an event in Saudi Arabia. Twitter (TWTR): The stock shot up 16%, near 32, during morning trading on the stock market today. Amazon (AMZN): ATM straddle: $102, approx. 6% Alphabet (GOOGL): ATM straddle: $57, approx. 5% AND Chinese operatives were able to infiltrate motherboards made by a US compa...
Oct 26, 2018•59 min
Trading Block: Economic Calendar - Top 5 Things to Watch This Week and U.S. midterms a mere blip on equity options traders' radar . Odd Block: Call sale in EnLink Midstream Partners LP (ENLK), puts trade in Mellanox Technologies, Ltd. (MLNX), and risk reversal/collar in Harley-Davidson Inc (HOG) Mail Block: Options question of the week Earnings are back with big tech names on the docket. Which of the following will be lighting up your options trading this week? Bonus points for your preferred st...
Oct 23, 2018•1 hr
Trading Block: What a week - volatility is coming back down, and the crystal ball is looking nice! Dow tumbles 350 points as technology and communication-services stocks tank in midday trading . Odd Block: Tesla put summary, funky put palooza in General Electric Company (GE), put sale in Activision Blizzard Inc. (ATVI) and call palooza in KeyCorp (KEY). Mail Block: Options question of the week Time to break out your crystal balls. Volatility is on everyone's mind these days. Will earnings season...
Oct 19, 2018•54 min
Trading Block: What a week! Uncle Mike leaves and the market falls apart. Earnings move reports available now. Chinese operatives were able to infiltrate motherboards made by a US company that sold to Apple and Amazon: Bloomberg Odd Block: TSLA 50 mystery put update. Plus, TSLA put palooza. Strategy Block: Uncle Mike Tosaw discusses how to get bullish in a market like this. 20,360 RRC Jan20 13.0 puts traded for $1.19. 3599 HBAN Nov 15.0 calls trade for $0.24. 2000 LPI Nov 7.0 calls traded for $0...
Oct 16, 2018•1 hr 1 min
Trading Block: OCC cleared contract volume up 8.7% in September. Total cleared volume up 18.6% year-to-date. Equity options volume up 14.3% in September and up 21.7 percent year-to-date. Odd Block: Call sale in Glu Mobile Inc. (GLUU), Puts trade in AMETEK, Inc. (AME), and Call-palooza in Delta Air Lines, Inc. (DAL) Mail Block: Volatility flash poll, plus live questions from Duke University VIX has soared to 18.50 & $VVIX hit 120. Is this the new normal or a quick blip? Let's put that to the ...
Oct 11, 2018•1 hr 8 min
Trading Block: An overview of STA 2018: Stocks, stocks and more stocks. Google searches for hedges is ticking up. VIX searches anemic compared to Feb. Strategy Block: Uncle Mike Tosaw discusses 1x2 ratio spreads Mail Block: Listener questions and comments Question from David Kotlyar - Hey mark, Could you discuss the Jun 2019 400 SPY calls? Very cheap and getting some love (5000+ contracts OI) Question from JL Smith - How important is OI when you're trading options? Are there other indicators tha...
Oct 05, 2018•59 min
Trading Block: The Trump trade deal: Bringing Canada and Mexico back to the table. The Tesla investigation was a farce: seems like the SEC just wanted some headlines. Odd Block: A summary of Tesla (TSLA) puts, options palooza in New Age Beverages Corp (NBEV), put love & call stupid in WisdomTree TR/Japan Hedged Equity (DXJ) and opening put palooza in AVEO Pharmaceuticals (AVEO) Strategy Block: Uncle Mike Tosaw discusses investing 101. Mail Block: Volatility Flash Poll The CBOE Skew Index ala...
Oct 01, 2018•59 min
Trading Block: Earnings! Disney Blackberry Plus, Google searches for hedges are ticking up. Odd Block: Puts trade in Bed Bath & Beyond Inc. (BBBY), call love in Ally Financial Inc. (ALLY) and call love in Virtu Financial Inc. (VIRT). Mail Block: Volatility Flash Poll The CBOE Skew Index alarmed many when it soared above 150. Of course, every index tells its own skew story. Which index do you think has the steepest skew right now (aka 25D put vol vs. 25D Call vol)? Russell 2000 S&P 500 Na...
Sep 28, 2018•1 hr 1 min