Option Block 656: Live from the Option Pit Pro Trader Summit

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 a bunch of puts and the trade goes against you, and you don't have the money to pony up? What can your broker do?
• Question from Matthew - Where do you source your Unusual Options Activity data from? We use TOS Option Hacker which is OK but you are getting the spreads in the Activities - would love to know how or where you get that level of data Many thanks, Matthew
• Question from Tim - Why isn't it standard or maybe required to let people close out shorts for free below $.10?