The Option Block

It's a historic day on The Option Block when both #UncleMike and #TheGreasyMeatball are both in cash! What does that mean for you? You'll have to tune in to find out. Plus we discuss unusual activity in $BGS, $ADM, $MAS and #UncleMike breaks down what to do when your short put spread moves against you. All that and more on this episode of The Option Block. 

TRADING BLOCK TSLA MYSTERY PUTS AND OPTIONS ACTIVITY VIX: 14.15 - UP 1.15 FROM LAST SHOW VVIX: 99 -UP 3 FROM LAST SHOW VXX: 13.6 - DOWN .5 FROM LAST SHOW ODD BLOCK REVIEW - MDLA LINE IN THE SAND PUTS REVIEW - MLCO CALL LOVE NTAP AGGRESSIVE LINE IN THE SAND PUTS MAIL BLOCK QUESTION FROM NACEL: HOW LONG DOES IT TAKE TO REALLY BECOME AN EXPERT AT OPTIONS TRADING? AROUND THE BLOCK WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK?

On this episode Mark, The Rock Lobster and Uncle Mike discuss: Trading Block - How is the pandemic impacting, or not impacting, this market in SPY, VIX, QQQ, IWM and more.  - Hot TSLA options - Earnings Vol Update: LYFT, CISCO, TEVA, BABA and more Odd Block - One dollar collars in AAL - Funky XB puts - Earnings swings for the fences in LBTYK Strategy Block - Managing Vertical Put Spreads Around the Block - Pandemic fears lingering

TRADING BLOCK THIS VIRUS IS CONSUMING LARGE SWATHES OF CHINA AND THE MARKET DOESN'T SEEM TO CARE VIX: 15 - DOWN 2.65 FROM LAST SHOW VVIX: 91.3 - DOWN NEARLY 10 FROM LAST SHOW VXX: 14.1 - DOWN 1.6 FROM LAST SHOW OCC TOTAL CLEARED CONTRACT VOLUME FOR JANUARY ODD BLOCK HL CALL PALOOZA DBX PUT LOVE TSG LONG TERM CALL LOVE MAIL BLOCK WHAT MADE YOU GET INTO OPTIONS? WHY DOESN’T ANYONE BECOME A MARKET MAKER IN OPTIONS ANYMORE? AROUND THE BLOCK WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK?

TRADING BLOCK BREAKING DOWN SURPRISING OPTIONS TRADES IN TESLA VIX: 17. 65 - UP .35 FROM LAST SHOW VVIX: 101 - UNCHANGED FROM LAST SHOW VXX: 15.7 - UP .1 FROM LAST SHOW ODD BLOCK REVIEW - PREMIUM HARVESTING IN MO REVIEW - JBL PUT LOVE TPR CALL LOVE STRATEGY BLOCK HOW TO USE SHORT PUT SPREADS IN THIS VOLATILE MARKET MAIL BLOCK -$TSLA CALLS ARE AS HOT AS SHAKIRA LAST NIGHT IN MIAMI! -TESLA...DONT GO UP ANYMORE...LOL....1.00 BIDS I BOUGHT JUST SOLD FOR 4.35

TRADING BLOCK PANDEMIC FEARS CAN’T STOP THE BULL AAPL AND TSLA BLEW THE DOORS OFF THIS WEEK VIX: 17.3 - DOWN .2 FROM LAST SHOW VVIX: 101.5 - DOWN 3.5 FROM LAST SHOW VXX: 15.6 - DOWN .1 FROM LAST SHOW ODD BLOCK LAST MINUTE PREMIUM HARVESTING IN MO JBL PUT LOVE SCHW CALL OVERWRITE MAIL BLOCK COMMENT FROM EDWARD ELSEWHERE: LOVE YOUR PODCASTS! QUESTION FROM FRIENDSTER: DO YOU THINK THE WHOLE MOVE TO ZERO COMMISSIONS HAS BEEN GOOD FOR OPTIONS TRADERS?

TRADING BLOCK SEGMENT PANDEMIC FEARS CONTINUE TO RATTLE THE MARKET VIX: 17.5 - UP NEARLY 4 FROM LAST SHOW VVIX: 105 - UP OVER 11 FROM LAST SHOW VXX: 15.4 - UP 1.65 FROM LAST SHOW EARNINGS: APPL, SBUX, BA, TSLA, FB, MSFT, AMZN ODD BLOCK REVIEW INTEL EARNINGS DAY CALL LOVE LVS CALL SALE/ ROLLING DOWN IN WEIRD NON-SPREAD PAPER ZNGA CALL LOVE STRATEGY BLOCK EXTRINSIC VALUE WITH OPTIONS AROUND THE BLOCK WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK?

HOST: MARK LONGO, THE OPTIONS INSIDER CO-HOST: ANDREW GIOVINAZZI, OPTION PIT CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT TRADING BLOCK SEGMENT VIX: 13.65 - UP 1.4 VVIX: 93.65 - UP 3.3 FROM LAST SHOW VXX: 13.75 - UP .35 FROM LAST SHOW ODD BLOCK INTEL EARNINGS DAY CALL LOVE CME LONG TERM PUT LOVE MEGA DHT MARCH CALL LOVE STRATEGY BLOCK CANNABIS STOCK STRATEGY AROUND THE BLOCK WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK?

TRADING BLOCK VIX VVIX VXX ODD BLOCK UNIT PUT LOVE MRNA CALL SALE MDT CALL LOVE MAIL BLOCK NLOK IS PAYING A 12 SPECIAL DIVIDEND WITH EX DATE OF FEB 3RD, SO WHY ARE THE PUTS SO CHEAP? IF THE STOCK IS AROUND $26, WOULDN'T THE 25 OR 26 PUT BE SELLING FOR MORE THAN A BUCK IF WE ASSUME THE STOCK WILL DROP BY $12 AFTER THE EX DATE? WHAT IS THE OPTION STRAT I CAN TAKE IF THE CALL OPTION I BOUGHT DOES NOT GO AS PROJECTED, THAT IS, THE STOCK PRICE GOES DOWN INSTEAD OF UP?

TRADING BLOCK SEGMENT MARKETS RALLY AS MIDEAST TENSIONS EASE VIX: 12.5 - DOWN .35 VVIX: 88.9 - DOWN .5 FROM LAST SHOW VXX: 13.9 - DOWN .5 FROM LAST SHOW FEATURED DISCUSSION OF TSLA AS IT WAS THE MOST ACTIVE EQUITY OPTION IN THE MORNING. ALSO COVERED AAPL, BYND, BABA, AMD, ROKU and FB. ODD BLOCK REVIEW - KSS PUT LOVE REVIEW - MNK PUT LOVE FHN CALL LOVE STRATEGY BLOCK ASSET ALLOCATION USING OPTIONS AROUND THE BLOCK WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK?

TRADING BLOCK SEGMENT MARKETS RALLY AS MIDEAST TENSIONS EASE: VIX: 12.85 - DOWN 1.65 VVIX: 89.4 - DOWN OVER 4 FROM LAST SHOW VXX: 14.4 - DOWN .9 FROM LAST SHOW MOST ACTIVE EQUITY OPTIONS OF MORNING - AAPL ODD BLOCK REVIEW - PUMP LINE IN THE SAND PUTS REVIEW - ADI OUT-OF-SEQUENCE RATIO RISK REVERSAL/STRANGLE REVIEW - BAKER HUGHES CALL OVERWRITE MAIL BLOCK AROUND THE BLOCK WHAT’S ON YOUR RADAR FOR THE REST OF THE WEEK?

TRADING BLOCK MARKETS MIXED AS MIDEAST TENSIONS ESCALATE: APPARENTLY THE TRADE WAR WASN’T ENOUGH VIX, VVIX, VXX OCC NUMBERS IN FOR DEC AND YEAR END ODD BLOCK REVIEW VIAC WEEKLY CALLS REVIEW APA CALL LOVE MAIL BLOCK IF SOMEONE WANTED TO LEARN FROM A TO Z ABOUT OPTIONS WITH THE END RESULT LEARNING MORE ABOUT TRADING VOL WHICH PODCAST SHOW WOULD YOU RECOMMEND. IS THERE SUCH A THING AS TOO MUCH HEDGING? HOW MANY PUTS OR HOW MUCH OF MY PORTFOLIO SHOULD I ALLOCATE TOWARD THIS STRATEGY?

OB 866: 2019 Review Spectacular Plus 2020 Predictions It's our Year End Spectacular as we look back on a crazy 2019. Plus we venture boldly into the future with our predictions for 2020. Additionally, in our Trading Block Segment, Fidelity provides technical analysis and options activity on NIO, TSLA, SVRA, and AAPL.  Enjoy!

TRADING BLOCK MARKETS RALLYING AFTER TRUMP IS IMPEACHED VIX: 12.7 - UP .2 FROM LAST SHOW VVIX: 99.75 - UP 1 FROM LAST SHOW VXX: 15 - EFFECTIVELY UNCHD FROM LAST SHOW TECH ANALYSIS AND OPTIONS ACTIVITY AT FIDELITY IN ITCI/ BA/ TSLA/ AAPL S&P IS THE DECADE'S RUNAWAY WINNER ODD BLOCK NIKE CALL LOVE REIT PUT PALOOZA MACERICH CO LITS PUTS MAIL BLOCK What happens when you put Do Not Exercise instructions on your option contracts? AROUND THE BLOCK WHAT’S ON YOUR RADAR FOR THE REST OF THE WEE

TRADING BLOCK MARKETS RALLY AFTER TRUMP IS IMPEACHED TECH ANALYSIS AND OPTIONS ACTIVITY AT FIDELITY IN MU, TSLA, RAD, AAPL XLE SUCKED THIS DECADE XLF BACK TO 2007 ODD BLOCK MID-MARKET VIAC WEEKLY CALLS DISCA LITS PUTS SKT ROLL TO JUNE MAIL BLOCK When IV is at an extreme does that always suggest that premium buying is a bad idea? AROUND THE BLOCK WHAT’S ON YOUR RADAR FOR THE REST OF THE WEEK? LOOKING TO SEE HOW THE MARKETS CLOSE OUT 2019, GDP AND PERSONAL INCOME AND OUTLAYS TOMORROW MORNI