Option Block 750: Live from Duke University

10/11/18 • 68 min

Trading Block: OCC cleared contract volume up 8.7% in September. Total cleared volume up 18.6% year-to-date. Equity options volume up 14.3% in September and up 21.7 percent year-to-date.

Odd Block: Call sale in Glu Mobile Inc. (GLUU), Puts trade in AMETEK, Inc. (AME), and Call-palooza in Delta Air Lines, Inc. (DAL)

Mail Block: Volatility flash poll, plus live questions from Duke University

VIX has soared to 18.50 & $VVIX hit 120. Is this the new normal or a quick blip? Let's put that to the test starting with this week. Quite simply - Where do you think VIX will close this Friday?

Here: 18-19.5
Higher: > 19.5
Lower: 16 - 17.99
Lowest: < 16

Around the Block: What's on the radar going into the weekend?

Trading Block: OCC cleared contract volume up 8.7% in September. Total cleared volume up 18.6% year-to-date. Equity options volume up 14.3% in September and up 21.7 percent year-to-date.

Odd Block: Call sale in Glu Mobile Inc. (GLUU), Puts trade in AMETEK, Inc. (AME), and Call-palooza in Delta Air Lines, Inc. (DAL)

Mail Block: Volatility flash poll, plus live questions from Duke University

VIX has soared to 18.50 & $VVIX hit 120. Is this the new normal or a quick blip? Let's put that to the test starting with this week. Quite simply - Where do you think VIX will close this Friday?

Here: 18-19.5
Higher: > 19.5
Lower: 16 - 17.99
Lowest: < 16

Around the Block: What's on the radar going into the weekend?

Previous Episode

Option Block 749: Birthday Strategy and Question Palooza

Trading Block: An overview of STA 2018: Stocks, stocks and more stocks. Google searches for hedges is ticking up. VIX searches anemic compared to Feb.

Strategy Block: Uncle Mike Tosaw discusses 1x2 ratio spreads

Mail Block: Listener questions and comments

Question from David Kotlyar - Hey mark, Could you discuss the Jun 2019 400 SPY calls? Very cheap and getting some love (5000+ contracts OI)
Question from JL Smith - How important is OI when you're trading options? Are there other indicators that you focus on instead?
Question from One0761 - Are we in the midst of a major correction.
Question from JustinCredible18 - Any thoughts on BBD Nov calls? Nice Brazil stock rally going on.
Question from KBX32 - What is the cheapest way to hedge my portfolio with options?

Around the Block/This Week in the Markets

Oct 5: Unemployment, Consumer Credit

Next Episode

Option Block 751: What the Heck Is Going On?

Trading Block: What a week! Uncle Mike leaves and the market falls apart. Earnings move reports available now. Chinese operatives were able to infiltrate motherboards made by a US company that sold to Apple and Amazon: Bloomberg

Odd Block: TSLA 50 mystery put update. Plus, TSLA put palooza.

Strategy Block: Uncle Mike Tosaw discusses how to get bullish in a market like this. 20,360 RRC Jan20 13.0 puts traded for $1.19. 3599 HBAN Nov 15.0 calls trade for $0.24. 2000 LPI Nov 7.0 calls traded for $0.21.

Mail Block: Options Flash Poll

Time to break out your crystal balls. Volatility is on everyone's mind these days. Will #EarningsSeason add to the growing storm? Or will cooler heads prevail this week? Quite simply - Where will $VIX close this Friday 10/19?

Here: 19-22
Higher: > 22
Lower: 17 - 18.99
Even Lower: < 17

Around The Block/ This Week In the Markets