Option Block 661: Unhappy Anniversary

Trading Block: Black Monday 30th Anniversary, October 19, 1987.

Earnings:

• GE
• Honeywell
• P&G
• SunTrust

Odd Block: Massive closing paper in Norfolk Southern Corp. (NSC), and review from 8/17 - Rolling winning puts in WisdomTree India Earnings Fund (EPI).

Strategy Block: Uncle Mike Tosaw discusses hedging stock

Mail Block: Options question of the week

EarningsSeason is here! Which name do you plan to trade most actively this cycle?

• 31% - Tesla, $TSLA
• 41% - Amazon, $AMZN
• 17% - Apple, $AAPL
• 11% - Alphabet, $GOOGL

Options question of the week, volume two:

Do you think #Options should be traded after-hours like stock?

• 71% - Yes!
• 25% - No!
• 4% - Don't Care!

Listener Questions and Comments: What is on your mind?

• Question from Darqane - Assigned on short SPX puts means getting long the underlying? But how does that work if it’s cash settled?
• Question from ButcherBoyz - What options trading strategy would you say is best suited to people with absolutely zero knowledge of options? Thanks.
• Question from Axel D. - Why does open interest only update once a day?

Around the Block: Earnings, earnings, earnings.