Option Block 505: Just Buy Upside Calls - podcast episode cover

Option Block 505: Just Buy Upside Calls

Mar 08, 20161 hr 2 min
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Episode description

Trading Block: Goldman Sachs sees best time in two decades to buy S&P 500 calls. Traders are betting the Federal Reserve will next raise U.S. short-term interest rates about six weeks earlier than previously thought, after the government reported U.S. employers added many more jobs than expected in February. Earnings today after the bell: Shake Shack.

Odd Block: Calls trade in Alcoa Inc. (AA), puts trade in Linn Energy LLC (LINE), and calls trade in VALE SA (VALE).

Strategy Block: Uncle Mike Tosaw discusses getting back into a trade you got out of, that has continued to go your way since.

Mail Block: Listener questions and comments

  • Question from FlyGuy - Do I day trade options anymore?

Around the Block: Earnings!

  • Tuesday - Barnes & Noble, Dick’s Sporting Goods
  • Wednesday - Vera Bradley

Thursday - Dollar General

  • This Week in the Market:
  • Mar 9: EIA Petroleum Report
  • Mar 10: Jobless Claims, Treasury Budget
  • Mar 11: Import and Export Prices
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