Option Block 785: Time to Take About Premiums

TRADING BLOCK

Most active indices:

VIX - 599k, SPY - 1.67M, SPX - 708k

Uber/Lyft drivers may be able to participate in IPO

ODD BLOCK

Call love in (BUD)

Call overwrite in Workday Inc (WDAY)

Call love in SandRidge Energy Inc. (SD)

STRATEGY BLOCK

Uncle Mike Tosaw discuses how trading based on a breakout can be beneficial to risk management.

MAIL BLOCK

#QOTW: We'll keep it simple to wind down the week. What is your go-to #options strategy right now? Don't see your fav on the list? Reply/DM with your suggestions.

49% - Long Call/Put/Vertical

14% - Short Call/Put/Vertical

20% - Fly/Iron Fly/Condor

17% - Calendar/Diagonal

Question from Holscreen - Is it safe to say that a large amount of the options business is devoted to paying for puts?

Question from Dana Mac - I’ve heard a lot of talk about contract numbers but how much dollar value is actually transacted in the options market?

AROUND THE BLOCK

This Week in the Market

Mar 4: Construction Spending

Mar 5: New Home Sales, Treasury Budget

Mar 6: International Trade

Mar 7: Jobless Claims, Productivity and Costs

Mar 8: Unemployment