Nov 8, 2019
OB 853: Mysterious Puts and Infinite Covered Calls
- HOST: MARK LONGO, THE OPTIONS INSIDER
- CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
- CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
- FIDELITY HOT SEAT: Colin Songer, Active Trader Strategy Desk
TRADING BLOCK SEGMENT
- TRADE WAR OPTIMISM CONTINUES TO BOOST MARKET
- VIX 12.4 - DOWN .5
- VVIX: 89 - UP 1 FROM LAST SHOW
- VXX: 19 - UNCHD FROM LAST
- MOST ACTIVE INDICES
- MOST ACTIVE EQUITY OPTIONS
OTHER TRADING BLOCK DISCUSSION TOPICS
- Monday - Uber, Shake Shack, Hertz, Marriott, Groupon
- Tuesday - Chesapeake Energy, Allergan, Tapestry, Weight Watchers, Match
- Wednesday - CVS Health, Roku, Qualcomm, fitbit, Wynn
- Thursday - Teva, Cardinal Health, AMC Entertainment, Walt Disney Company, Activision/Blizzard, Yelp
- Friday - Duke Energy
ODD BLOCK SEGMENT
- MEGA SPRINT CALL LOVE
- TEVA PUT LOVE
- KOHL’S CORP PUT LOVE
MAIL
BLOCK
- QUESTION FROM deletethisaccount1: I have a quick question for you, if your option contract becomes in the money and worth something can you sell it on friday of expiration? The example is a paper trade i did with sirius xm and had bought 6.5 calls at .07 (x10) and on earnings it was worth .23 (er was on thursday). on paper i sold but it went up another ten cents on friday. Would i have been able to sell that as long as there was a bid?
- QUESTION FROM NATCH: You guys see the infinite money covered call “glitch” on RobinHood?
AROUND THE BLOCK
- WHAT’S ON YOUR RADAR FOR THE REST OF THE WEEK? Trade deal, uber post lock up, spx at all time highs, silver and gold will be interesting to watch