Option Block 630: Don't Get too Cute when Closing Trades - podcast episode cover

Option Block 630: Don't Get too Cute when Closing Trades

Jun 23, 201758 min
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Episode description

Trading Block: Taking the weekend out of the market. Biotech and the effect of the AHCA bill. Crude and the energy section taking it on the chin.

Odd Block: Puts trade in Plains All American Pipeline, L.P. (PAA) call spreads trade in Praxair, Inc. (PX).

Strategy Block: Mike discusses trading size and closing positions.

Mail Block: Listener Questions and Comments

  • Question from Frank C. - Can you do a review of second order Greeks and when to use them? Thanks.
  • Question from ZX45 - Is now actually a good time to become a market maker? I read in Barons that there are not many of them left, so there is not much competition. And how did Mike get in it if he was not a trader?

Around the Block: Bargain shopping for a sub-10 VIX close.

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