Option Block 707: When to Roll Short Puts

Trading Block: A look back at what moved the market this week

• Volatility ETFs nearly double.
• Top Performing ETFs of the Year
• Bitcoin’s Price Jumps $1,000 In 30 Minutes Of Market Growth Across The Board
• Why Bitcoin Behaves Like the Flu

Odd Block: More Jan 2019 50 "Catastrophe" puts in Tesla Motors (TSLA), sweep puts in CNH Industrial NV (CNHI), line in the sand puts in L Brands Inc (LB), call butterfly in Facebook (FB)

Strategy Block: ;Uncle Mike Tosaw discusses when to close shorts

Mail Block: Options question of the week

SPOT is the latest hot #IPO to join the #Options market. So many recent #Options listings started off hot then suddenly cooled. So we have to ask - which hot recent #IPO will you still be slinging #Options on in 2019?

• SPOT
• DBX
• SNAP
• Other (Reply/DM w/choice)

Listener questions and comments:

• Question from Ladmos - Feeling the pain on this TSLA rundown. Probably should have rolled my puts last week rather than waiting for this week when they are now ITM. If stock hits $295 then I’m definitely pulling the trigger. How do you guys determine when to roll? Is it stock based or option price/volatility based? Question from Bob Thompson: I would like to know the best options strategy to use with a small account?
• Around the Block/Economic Reports:
• Apr 13: Consumer Sentiment, JOLTS