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The Options Insider Radio Network
The Option Block All-Star Panel breaks down the latest developments in the options market, analyzes unusual options activity, explains cutting-edge options strategies, answers listener questions and much more. Whether you're an active options trader or just getting started in the options market, The Option Block will keep you informed and entertained.
Option Block: The 100th Episode Extravaganza
Option Block: The 100th Episode Extravaganza
Trading Block: A brand new Options Insider website! Are there any legs to the rally? Where was VIX during this rally? Netflix, the window maker, released earnings after the bell.
Odd Block: Unusual activity in: Bank of America - (BAC)Signs of optimism in the progress towards a European debt crisis deal has helped push Bank of America Corp. (BAC) and the rest of the financials higher this morning but early option activity in BAC suggests at least one investor believes this is the top in the company’s share price, at least for the rest of this week. H.J. Heinz Co. - (HNZ) A bearish put spread open today with an investor buying the December 50-55 Put spread on a 3-1 ratio 6,000 by 2,000 times. A net debit of $.625/spread was paid for this strategy that reaps maximum profits if HNZ’s shares settle at $50, or 5.9 % lower from today’s price, at December expiration. Earnings on the 18th.
Xpress Block: John Grigus from OX discusses his interesting first two calls of the day - customers ask "Why was I assigned on OTM options? Why was I not assigned on ITM options?" A review of the first few weeks of trading in SPXpm.Around the Block: An update on Netflix, will it bounce? Amazon earnings out 10/25, after the bell - is it wise to have underlying going into the earnings?
01:01:4225/10/2011
Option Block 99: Selling MSFT Premium
Option Block 99: Selling MSFT Premium
Trading Block: A rare fairly uneventful day. Chipotle Mexican Grill with earnings after the bell - Is CMG the other Apple? Microsoft after the close - a whopping non-event.
Odd Block: Unusual activity in: Microsoft (MSFT) Basically printing money today. Options on the software giant are the most actively traded by volume on any single stock ahead of the company’s much-anticipated first-quarter earnings report. The near month October at-the-money contracts, which expire after the close tomorrow, are seeing the most activity with the 27 strike Puts leading in volume. BP PLC – (BP) Earlier in the session, Total SA, Europe’s third-largest oil company, popped up on our ‘hot by options volume’ market scanner after a block of 8,500 calls changed hands at the May 2012 55 strike against open interest of 385 contracts. Roughly 30 minutes before the call activity in Total appeared on our scanners, it looks like the same investor purchased 8,500 call options on BP at the April 44 strike for a premium of $2.45 apiece.
Xpress Block: News on the OX app for iPhone and soon to be released app for iPad. When might listeners of the Options Insider be able to stream and download this show through the OX app?
Around the Block: Amazon next Tuesday - A counter-pole to Apple right now, given their rival content ecosystem. General Nutrition Corporation with earnings tomorrow, GNC has been making some interesting volume spikes recently. Ford earnings next Wednesday - how to prep for this.
01:06:1521/10/2011
The Option Block 98: Playing Apple Earnings
The Option Block 98: Playing Apple Earnings
Trading Block: Volatility rundown. Issues with the structure of the VIX - is it time to revamp the "Fear Index." Hot metals action.
Odd Block: One massive bull in CHMT. Sizable bullish call activity in USU. Xpress Block - Debating the use of market orders by retail options traders. Around the Block: Playing AAPL earnings with options. Is a buywrite synthetic your best bet?
01:00:0518/10/2011
Option Block 97: Live From FIA Chicago
Option Block 97: Live From FIA Chicago
Trading Block: VIX Rundown - VIX at a decisive point, at the 32 level, it could be on the move. Apple rallying post-Jobs -- how best to position going into earnings. Alcoa came off after the bell already selling off. A look at upcoming earnings season perhaps? SPXpm -- comments and criticisms.
Odd Block: Integrated circuit maker Marvell Technology Group Ltd. (MRVL) with a multi-exchange sweep of 5,000 October 16 weekly calls. Short-term bulls gobbling up weekly calls.
XLF – Financial Select Sector SPDR (ETF). The XLF has rallied 9.2% in the past week, but impending earnings from big banks spurred some strategists to snap up bearish put options on the ETF. Bears looking to hedge their bets in XLF ahead of earnings season with short-term puts.
Listener Questions: Impact of Weekly Options on Brokerage Firms.
The ongoing narrative of weekly options says that they are a boon to the options business, and to options brokers, because they are prompting many customers to trade 4 times a month vs. once a month. I'm curious if the boys at OX can confirm this trend with what they've seen internally? I'd imagine this isn't the case for premium buyers, but I'd think that premium sellers have certainly increased their trading due to the weeklies. Is it 2X, 3X, 4X, perhaps some other factor like 1.8X, etc. Any insight you could provide into this would be appreciated.
Around the Block: Earnings, Earnings, Earnings! AAPL & BAC next week. Also, Jobless Claims - 10/13, Retail Sales & Michigan Sentiment - 10/14.
59:5614/10/2011
Option Block 96: Resetting the VIX Bar
Option Block 96: Resetting the VIX Bar
Trading Block: VIX finally gets to the mid-30s! The bar for has been raised. Apple without Jobs - down 0.5%. What effect could Jobs have on Apple stock post-mortem, or is this a turning point for Apple?Odd Block: Mortgage insurer MBIA Inc. (MBI): Shares are trading 3% higher this morning and early option activity suggests some investors believe the recent upturn in the company’s shares will continue over the next couple weeks. The bullish October 9 calls have seen nearly 5,000 contracts trade already this morning and, with 80% of the activity either mid-market or on the offers, it looks like buyers looking for the stock to rally another 16% over the next 11 trading days.Children’s Place Retail Stores, Inc. (PLCE): The specialty retailer of children’s clothing saw greater-than-normal activity in its options this morning. It looks like one call seller populating the November contract expects the stock to resist below a specified ceiling through expiration day in six weeks. A block of 2,000 calls changed hands at the Nov. $55 strike against paltry previously existing open interest of just 20 contracts. The call options appear to have been sold by one options player for a premium of $0.85 per contract.
Xpress Block: Tim Navabi grabs the reins and discusses what was trading today at OX, as well as a rundown of some of the commodity movers. CBOE also recently unveiled SPXpm -- has it been successful?Around The Block: Nonfarms: October 7 Gold and Silver are both consolidating, something to definitely check out. Apple earnings: October 18. Google earnings: October 13
47:5307/10/2011
Option Block 95: Kodak vs. American Airlines
Option Block 95: Kodak vs. American Airlines
Trading Block:
The Greek yo-yo has struck again! Greek debt outlook was not as rosy as last week -- market down again in response.
Apple down again, amid rumors of an Amazon tablet continue.
Whack-a-Bankruptcy -- just when rumors of one bankruptcy subside, more emerge to take its place.
Airline stocks are taking a nose dive today due to fears the weak economy will reduce travel demands and hit fares over the coming months.
BAC taking it on the chin - down 7.5% and blew through their $6 support level
Kodak denies bankruptcy rumors - the stock is all over the map, cut by 66% on Friday and up 300% today. Some advantageous and amazing trading opportunities during the fast market on Friday.
Odd Block:AMR Corp. (AMR) The parent company of American Airlines, is the worst performer with its stock trading 17% lower today and currently sitting at a two year low. Shares in AMR Corp. went down in flames today, falling nearly 40.0% this afternoon to $1.83, before trading in the stock was halted for a second time...and then a third, fourth, and fifth time at current count. McDermott International, Inc. - (MDR)Worldwide energy services company McDermott International, Inc. (MDR) sees its shares set a new 52 week low of $10.45 this morning and it looks like some option investors are using the recent drop in share price to open a Bullish two month position.Las Vegas Sands Corp. - (LVS)Interesting trade structure - call spread/stupid spread.At least one options trader is positioning for the recovery story to continue to play out on LVS through October expiration. It looks like the investor effectively established two call spreads on the stock to prepare for limited gains in the price of the underlying. Xpress Block: Mr. Grigus takes the reins and discusses SPXpm, the new CBOE product which debuts tomorrow. Also, a few listener questions are addressed: Exercise Fee. "If a brokerage says the fee for option assignment is $20, is that per share, per contract (100 shares) or per order? So if I have 10 contracts of 100 shares each, do I pay 2000, 200, or 20 assuming they are all assigned?"
Around the Block:
Greece! - The endless question mark lurking off the horizon.
Jobless claims Thursday, 10/6 and Non-farms Friday, 10/7
Looking forward the release of SPXpm.
Attention Option Block fans.....do you want to see another live taping of your favorite options podcast? Yes, it's back, and this time, it's at the FIA Futures and Options Expo. Register now through VolX, The Volatility Exchange and receive your complimentary Exhibits Only pass for Options Insider listeners. In addition to enjoying the Expo, please join the The Options Insider for live radio shows. Here's the schedule:October 114 pm - The Option Block5 pm - Volatility ViewsOctober 121:30 pm - The Long & Short of Futures Options All shows will be recorded on the FIA Main Stage in the exhibit hall. Live audience seating will be available on a first-come, first-served basis. Hope to see you there!
01:00:3004/10/2011
Option Block 94: AMZN Takes On AAPL
Option Block 94: AMZN Takes On AAPL
Trading Block: The market rallied on stronger than expected GDP numbers, and a little ease on European concerns, combined for a strong up move early in the day. Thirty-year rate is 4.01% -- the lowest on record. Rumors of Amazon getting into the tablet wars -- stock down 3%. With Amazon in its territory, Apple moved to the downside -- is it time to be bullish? The spread between VIX and VXN continues to widen.
Odd Block: Unusual activity in Dollar General (DG) - size call sales going up for the past couple of months. Dreamworks Animation Skg. (DWA) - been on a downside tear over most of the last year, as high as 38 early November last year, straight down since then, trading near 18 now. Looks like someone is trying to protect some downside and decided to put on the puts and end the free fall.
Strategy Block: Mike Tosaw dispenses some vintage options wisdom, discussing the concept of dollar cost averaging.
Around the Block: Ford hovering at the 10 strike. Apple earnings out October 18; CBOE earnings out October 5. A lot of energy stocks are at lower levels now.
50:2830/09/2011
Option Block 93: Metal-Ocalypse Strikes Again
Option Block 93: Metal-Ocalypse Strikes AgainTrading Block: The relationship between VIX and VXN, how it could have helped you. Late session rally on European hopes. The Metal-ocalypse continues - where is the bottom? Sell-offs in both GLD and SLV. EK crushed to the downside...again -- CDs upfront premium not at 41%! Groupon's ponzi scheme continues -- restated their entire 2010 results and slashed revenue in half. Odd Block: Harry Winston Diamond Corp. (HWD) – Size put seller. Fresh prints in HWD puts drove options volume in the front month above the prevailing level of overall open interest on the stock in the first half of the trading session. Hasbro, Inc. (HAS) - A Mark Sebastian favorite. Call buying spread to the Jan. 2012 $40 strike, where 723 contracts were picked up at an average premium of $0.80 each. Open interest in calls at the Jan. 2012 $40 strike far exceeds volume of 1,015 contracts exchanged thus far in the session, suggesting trades today may or may not be opening. Options implied volatility on Hasbro rose 5.9% to 37.75% in early-afternoon trade. Novagold Resources (NG) - On average, they do about 7,000 contracts, today though 100,000! Size time spread - looks like 44K Dec 7 puts were sold in a closing transaction for around $1.08 - existing open interest of 70,000 contracts. Xpress Block: Tim Navabi runs through the top moving stocks and commodities over at OX today. Also a little overview on the use of settled and unsettled funds. Around The Block: Jobless claims on Thursday as well as GDP. Greek debt still on the horizon. The bulk of today's rally come after the lessening of those concerns, but the outlook on that changes frequently -- things could get either really good or really bad.
48:1027/09/2011
Option Block 92: Werewolves Love SLV
Option Block 92: Werewolves Love SLVTrading Block: A sea of red in the market today - recession fears slam everything except treasuries. VIX cash gaps up yet again -- VIX futures outlook. Metals/Commodities rundown - everything down across the board, with gold down as well, but no rolling down will be taking place before the weekend. Ford below the $10 handle.Odd Block: Yahoo! - (YHOO) Following an upgrade at Stifel, Nicolaus from “Hold” to “Buy” with a price target of $18.00, shares are on the plus side this morning. The analyst stated “the likelihood of a buyout has increased to 80%.” Looks like some folks are betting on a buyout over the next few weeks. Bank of America - (BAC) Some large option players are “raising the white flag” in Bank of America Corp. (BAC) today with two large blocks of call options being sold on the bids and most likely closing out previous bullish positions. Perhaps most painful, someone dumped over 100k Jan 20 calls for $0.01! Covanta Holding Corp - (CVA) Stock has been hammered over the past few days. Someone thinks it’s overdone and bought a size bullish risk reversal. Range Resources Corp - (RRC) Looks like those upside specs on the 70 and 75 strikes could have paid off. Xpress Block: Tim Navabi runs down the daily goings on at OX. Today was a day for risk management. There's always a tomorrow in the market. The tools available on the OX are here to the rescue. Strategy Block: Mike Tosaw discusses his profound belief that we will get through our current financial situation. But you need some type of plan in place for down days like today. Around The Block: A lot of concern going into the weekend. Another good time to have some units in you back pocket. VIX option implied volatility exploded today, selling premium does not make sense. Has the bleeding stopped at Netflix for now? If you're thinking of playing in inverse ETFs or options on the ETFs, the margin requirements are tighter on the inverse ETFs. Apple held onto 400 today - a flight to safety.
55:0223/09/2011
Option Block 91: The Widowmaker Rides Again
Option Block 91: The Widowmaker Rides AgainTrading Block: The "Widowmaker" (NFLX) CEO apologizes for the screw up with their pricing and thusly losing 1 million customers and the stock dropping 50% since the price increases in July. Could Netflix split into two separate businesses? Lenders tell Greece to get its act together and reduce the size of its government, or run out of cash within a few weeks. Metals/Commodities rundown -- collaring gold until November. Oil really took it on the chin due to uncertainty in Europe. The Odd Block: Range Resources Corp. (RRC) saw its shares pop late this morning on news out of DealReporter that the company has been approached by a non-U.S. suitor. Cypress Semiconductor Corp. (CY) sees an early bearish put buyer this morning with the focus on the near month at-the-money contracts. Amerigroup Corp. (AGP) Interesting Option activity in ahead of the company’s analyst meeting in New York tomorrow morning.Xpress Block: Rob Kurzatkoski discusses the goings on today at OX, including Netflix and the recent and strange gold and S&P relationship. Strategy Block: In this strategy block, Andrew Giovinazzi talks strategy about the metals/gold frenzy that is consuming everyone these days. Around the Block: Housing starts tomorrow and existing home sales on Wednesday. Is housing a good indicator of the market? FOMC Wednesday -- their relevance is fairly benign given they're holding fast for the next couple of years. Also, Jobless claims Thursday.
01:00:3720/09/2011
Option Block 90: The Voice of Options
Option Block 90: The Voice of Options TRADING BLOCK: Research in Motion (RIMM) - The future looks bleak. “The Widowmaker” strikes again - Netflix (NFLX), which was trading $300 just two months ago, down 40%. Yet another “rogue trader” on the loose - this time it costs UBS $2 billion. Commodities rundown - gold is coming down, is this the right time tighten up your hedges? ODD BLOCK: Unusual and interesting options activity in: UBS AG (UBS) - a staggering $2 billion lost in trading as a rogue trader racked up unauthorized dealings. Call buying and put selling on the stock appear to be the most employed strategies of the day, with investors expecting shares to recover in the next five weeks. Amerigroup Corp. (AGP) - ahead of the company’s analyst meeting in New York tomorrow morning, an opening buyer appeared in the September 45 Calls, paying the offers of $0.25-$0.35 for approximately 3500 contracts. These options expire tomorrow after the close so these trades will need the stock to climb another 4.6% to begin to see any profits. XPRESS BLOCK: Tim Navabi takes the reins and discusses the hectic day today at OX due to "The Widowmaker" aka Netflix, as well as the upcoming expiration of September futures. STRATEGY BLOCK: Mike Tosaw illuminates us on some in-depth options strategy. First, with the upcoming expiration, if you're not ready to hold a stock and you're short a put, maybe you'll want to close out those penny options. Second, make sure you know position delta before doing ratio spreads. AROUND THE BLOCK: An update on RIMM. Still some concern over Greece, also some concern about expiration upcoming. Not too much else lighting up the tape on the earnings front though. Play it safe this weekend.
47:2616/09/2011
Option Block 89: Risk On, Risk Off
Option Block 89: Risk On, Risk OffTrading Block: Metals outlook - Gold, bonds, and GLD have all been pulling back, there seems to be a lot of building of cash reserves right now. The heavy movement in VXO relative to VIX means there is a lot at the money buying to up the curve. Risk on/ risk off. VIX has been trading above VXN, so clearly the risk is in the financials, not tech. Could there be a violent move toward the upside? Is there any truth to the rumor that China could be buying Italian debt? Interview Block: Today's guest Joe Cusick, the head of education at OX, talks a little about the progression he feels most people should go through when learning about options. How do you keep investors interested while teaching them about the stuff that's not as fun? Education for some of the more refined and advanced traders. Finally, what is Joe's opinion of the VIX-based products, ETF - ETN, that have come into the market place? Has volatility become an asset class? Strategy Block: Mike Cavanaugh discusses what he saw in the marketplace, and how to build a long term investment portfolio given the trends he observed. Around The Block: Our hosts prognosticate about the upcoming week. In a market like this, it’s a great opportunity to sell premium. Retail sales on the 14th and Philly Fed comes out on the 15th, both of these could have a big impact on the market. When will things with Greece get resolved?
43:5913/09/2011
Option Block 88: Gold Vol and The Big O
Option Block 88:Gold Vol and The Big O Don't forget that Option Block listeners get FIVE FREE trades when you open a new OX account. Click for details: www.optionsxpress.com/oxradio Trading Block: The market turned red despite Uncle Ben's promises. Obama's jobs speech - how will it affect the market? Commodity rundown - GLD off to the races again today, but is it time to start being bearish? A rundown of volatility & VIX. Odd Block: DNDN halted with suspicious option activity. Unusual activity also in SuperValu Inc. (SVU) - This is probably someone taking advantage of option liquidity to dump some stock. FedEx Corp. (FDX) - An example of Bullish risk reversals; R.R. Donnelley & Sons Co. (RRD). Xpress Block/Mail Block: OX's own Tim Navabi answers a few listener questions in this combo Xpress / Listener Questions block. 1.) Schwab hasn't offered portfolio margin in the past, but now that they have acquired OX, will they be offering that to their customers now or is that still a benefit only for OX customers? 2.) I have some clients who are also Schwab customers. They are excited about the prospect of portfolio margin coming to their accounts. How do they go about getting that treatment? Do they have to switch their accounts to OX? Will it be automatic? Is there some online form to fill out? Around The Block: Looking forward to The Big O's speech on jobs - could the payroll tax be a huge issue? After the speech, will we see the whole weekend coming out?
45:2809/09/2011
Option Block 87: OX-Schwab Day One
Option Block 87: OX-Schwab Day One Trading Block: Another yo-yo day on the street. Manufacturing data was stronger than expected, but not enough to keep the market positive. The long weekend should have been priced out already, but it seems that many traders are holding off from hitting the bids ahead of non-farms tomorrow. A look of the metals/commodities: gold, silver, and natural gas.
Odd Block: Unusual activity in: Dunkin’ Brands Group, Inc. (DNKN); American Express Co. (AXP); Lexmark (LXK)
Xpress Block: Alex Jacobson is back and discusses Legal Day 1 - the first day the Schwab/Option Xpress business combination became legal, and the party that ensued outside his window. The futures are becoming a more mainstream product.
Strategy Block: Mike Tosaw discusses the world of 1 by 2 ratio spreads. What are the advantages &disadvantages? Around The Block: Everyone is keeping their powder dry ahead of non-farms payrolls tomorrow. Is this the time to get long premium and perhaps get a free weekend?
01:03:2802/09/2011
Option Block 86: Back in the Day
Option Block 86: Back in the DayTrading Block: Tech leads the way today, while GLD finally has a down day. Short VIX bets are finally paying off, but there's still more downside to go. Plus, a rundown of metals from a wild day. How much of a downside move in gold are we looking at before considering rolling the puts back down? Not much action to report from commodities today. Odd Block: Unusual activity in Amazon.com, Inc. (AMZN) - Who purchased the lottery ticket? IMAX Corp. (IMAX) - Is this from the re-running of Transformers 3? Sealed Air Corp. (SEE) - A size day for SEE on Friday Xpress Block: Today's guest Alex Jacobson discusses retail's appetite for futures recently. How the times have changed in the futures market, especially for retail. Around the Block: Is there more VIX downside ahead? What's the weekend risk? Is it worth it to own premium? Non-farms coming up on Friday, more to be discussed about that next show.
01:10:2930/08/2011
Option Block 85: Apple's Jobs-lessness
Option Block 85: Apple's Jobs-lessness
Trading Block: The news of Steve Jobs stepping down from Apple has dominated the headlines. What does this mean for future Apple plays? What's the outlook on Apple vol going forward? An outlook of the metals market. The CME raises the margin rate of gold, a little too late? What's driving an interest in copper? Also, has scalping negative gamma exacerbated the downward movements seen in the past few weeks?
Xpress Block: Rob K discusses how Bank of America's order flow surged as bottom pickers got an early Christmas care of Warren Buffet. The newest OX iPad app is just around the corner!
Around the Block: QE3 - Does it even have a prayer of happening? What is the positioning ahead of the Bernanke speech? Could we possibly take a hit going into the weekend?
53:0026/08/2011
Option Block 84: The Madness Returns
Option Block 84: The Madness ReturnsTrading Block: Special guest Andrew Giovinazzi of Aqumin takes Sebastian’s seat as the all-star gang discusses market madness. The market has become quite the drama queen with global concerns smack the market again. Consumer confidence is still low - this is getting to be a broken record. Commodities rundown - gold and treasuries are where everyone is putting their money. Patent lust has been inflating some smaller tech stocks like NOK, EK, etc. Odd Block: Unusual activities in Seagate Technology (STX), New York Times Co. (NYT) and NRG Energy, Inc. (NRG) Xpress Block: What's been going on behind the scenes at optionsXpress - today was one of those outlier days. Around the Block: The patent wars continue to drive activity in the tech sector – watch your upside. Niche names like CBOE should be faring well in the environment, not following the market down - perhaps there may be some opportunity in the downside? Also, a VIX outlook for the next few sessions.
01:03:3419/08/2011
Option Block 83: GOOG Gobbles MMI. Who's Next?
Option Block 83: GOOG Gobbles MMI. Who's Next?TRADING BLOCK Google (GOOG) acquires MMI, which explains some of their strange trading patterns recently. Were rumors leaked out ahead of time? A rundown of metals and commodities. The price of gold - is it realistic? INTERVIEW BLOCK This week's guest, Russell Rhoads, author and instructor at Options Institute at the CBOE discusses his newest book "Trading VIX Derivatives," as well as hedging VIX options. AROUND THE BLOCK Housing start numbers come out tomorrow and jobless claims come out August 18 - will they move the market significantly. Who’s next after MMI? RIMM? NOK?
52:2616/08/2011
Option Block 82: A Tale of Two Markets
Trading Block: An overview of Vix performances for the last week. Is everything rosy again? Treasury auction came out very weak. Jobless claims numbers rallied.
Odd Block: Unusual activity in Cisco (CSCO), Asiainfo Holdings Inc. (ASIA) and OmniVision Technologies Inc. (OVTI).
Xpress Block: Mr Navabi walks us through what it was like to be at the center of the madness this week at OX.
Mail Block: From Tom S, in Cleveland: Does OX offer IRAs? Can you use naked short puts to leg into long equity positions in an OX IRA account?
Strategy Block: Uncle Mike Tosaw discusses a cash and hedge secured, unlevered bull put spread
Around the Block: Not too much in the way of earnings. What's the outlook for weekend risk?
Read more: http://www.theoptionsinsider.com/radio/?id=271#ixzz1V3zGVBkJ The Options Insider: Your Inside Source For Options Information
51:2115/08/2011
Option Block 81: Madness Reigns Supreme
Trading Block: A fractured round table discusses the bloodbath following the S&P's downgrading of the US credit rating, including Motorolla (MMI), LinkedIn (LNKD) and Apple (AAPL) Around the Block: Will the sell off continue? Tomorrow may not be the rebound the most people were looking for.
38:1909/08/2011
Option Block Xtra: Banter Block
Option Block Xtra For your listening pleasure - the Banter Block from Episode 80 that hit the cutting room floor. Topics on tap: SPX, VIX, covered calls vs. ratio repair spreads and more...
20:4508/08/2011
Option Block 80: The Bloodbath Begins?
Trading Block: The Bloodbath Begins! Jobless claim records much weaker than expected, getting closer to the Tosaw apocalypse, CBOE takes a hit despite good earnings. Plus Ford, LinkedIn and VIX skew. Metals/Commodities rundown
Xpress Block: Mr Navabi runs through a list of interesting/unusual/common/annoying questions received on by Options Express. Also, what to do when facing margin calls.
Around the Block: Overnight futures - to buy or not to buy? Is LinkedIn a sign of a turnaround in the market? Will Non Farms add to the bloodbath?
44:3405/08/2011
Option Block 79: The Tosaw Apocalypse
Trading Block: The debt kerfuffle reaches the 11th hour. How ugly could it really get if there is no deal? A rundown of metal and oil commodities.
Odd Block: Unusual activity in Sonus Networks (SONS), Cable Vision Systems (CVC), Cavium Inc. (CAVM) \
Xpress Block: Beware of tech IPOs...
Mail Block: Mr. Rob Kurzatkowski from the OX dives into questions submitted by listeners.
Around the Block: Life after the potential "Tosaw" apocalypse, if a deal is not reached by Tuesday. CEBO, RDN, and Testla Motors earnings, as well as LinkedIn (LNKD)
Read more: http://www.theoptionsinsider.com/radio/?id=267#ixzz1TtmdYU18 The Options Insider: Your Inside Source For Options Information
58:2602/08/2011
Option Block 78: The DC Vol Spike
Trading Block: The debt kerfuffle in Washington continues as debates stall. What could happen with a no vote? Exxon misses their earnings, MMI earnings after the bell, and a metals/commodities breakdown. Also a debate over the future of ISE.
Odd Block: Unusual activity in Oshkosh Corp (OSK), Titan International Inc (TWI) and Clearwater (CLWR)
Around the Block: Debt ceilings worries continue into the weekend, the VIX and Ford’s upcoming auto and truck sales numbers.
43:3029/07/2011
Option Block 77: The Widowmaker Strikes Again
Option Block 77: The Widowmaker Strikes Again
Trading Block: The on-going kerfuffle in Washington, the debt ceiling and its effect on the metals,what happens to VIX and broad market if a deal isn't reached?, along with a discussion about E-trade (ETFC)
Odd Block: Unusual activity in Express Scripts (ESRX), Raptor Pharmaceutical (RTPT), and Sketchers (SKX)
Xpress Block: Mr Grigus takes the reins and runs down what's been going on at Options Express, including: Apple, gold and Dunkin Donuts
Around the Block: Live coverage of Netflix earnings as The Widowmaker strikes again!Super Tuesday! Amazon, Ford, Electronic Arts, Eastman-Kodak
56:4126/07/2011
Option Block 75: AAPLs in the Mist
Option Block 75: AAPLs in the Mist
Option Block fans you only have two more days until the first ever live Option Block episode is taped. If you have ever wanted to see what goes on behind the scenes when taping an episode, your chance has arrived. The entire gang will be live, in person at Elephant & Castle at 111 W. Adams Street in Chicago on July 21. Taping will start around 3:30, so you won't miss a minute of market action. Stop by, bring your friends, and come prepared for a podcast experience like no other. If you're inclined to want to RSVP so that we make sure we have enough room, you can do so at the Options Insider Facebook page or by sending an email with your name & guest count to: [email protected]
Trading Block: The market is down, but metals keep shining. Broad selloff continues with banks leading the way. Treasuries falling over debt worries. Earnings season kicks off with the tech sector paving the way.
Odd Block: Unusual activity in Harry Winston Diamond Corp. (HWD), Clorox Co. (CLX), and Delta Air Lines (DAL).
Xpress Block: The pros and cons of auto trading. FX account holders will see a newly designed page, but not to worry...it's only for regualtory reasons.
Around the Block: Earnings! Coming up...IBM, AAPL, GS, NFLX.
56:0626/07/2011
The Big Live Show
The Big Live Show is finally here! Join...
Mark Longo
Tim Navabi
Rob Kurzatkowski
John Grigus
Mike Cavanaugh
Mike Tosaw
Mark Sebastian
and special guest Tony Battista (of Tasty Trade fame)...
...for the first-ever live Option Block. In this epic two-and-a-half hour extravaganza, the topics include:
Scalping gamma during AAPL earnings
Trading Ford Earnings using options
Strange movements in VIX
Option strategies/outlook for Oil
Selling puts in LNKD
Trading "The Widowmaker" - aka NFLX
The difficulties with spread execution
Common customer questions/complaints at brokerage firms
Trading bond options
Blaming/defending market makers
Ag options/futures activity
Unusual activity in RSH, GNW, STJ, ETFC, OC
Is it stupid to trade stupids?
Live audience questions
and MUCH more...
So settle back in your chair (or on your commute to/from work) and enjoy this epic episode of The Option Block. A special thanks to all of our listeners who attended the Big Live Show. We had a fantastic turnout and some interesting (if lengthy) questions. We couldn't do this show without you.
02:35:3822/07/2011
Option Block 74: Apple vs. U.S. Government
Option Block 74: Apple vs. U.S. Government Trading Block: Uncle Ben spooks the markets into retreat. If you can't buy stocks, and you can't buy treasuries, what can you do? Buy puts. Would a government shutdown be bad for the market? Metals rally. LNKD update. Odd Block: Unusual activity in North American Palladium, Ltd. (PAL), and Virgin Media (VMED). Around the Block: Debt. Debt. Debt. Debt. Debt. Earnings season is upon us, with Citi and AAPL coming up. The wonder that is AAPL. Option Block fans you only have six more days until the first ever live Option Block episode is taped. If you have ever wanted to see what goes on behind the scenes when taping an episode, your chance has arrived. The entire gang will be live, in person at Elephant & Castle at 111 W. Adams Street in Chicago on July 21. Taping will start around 3:30, so you won't miss a minute of market action. Stop by, bring your friends, and come prepared for a podcast experience like no other. If you're inclined to want to RSVP so that we make sure we have enough room, you can do so at the Options Insider Facebook page. Coming up at... Option Pit: Register for services on Friday, July 15 and receive 10% off. Check out OptionPit.com for details. Know Your Options, Inc.: Get your free, 18-minute portfolio review from Know Your Options, Inc. It's fast, it's free, it's easy. Go to KnowYourOptionsInc.com for more information.
Read more: http://www.theoptionsinsider.com/radio/?id=260#ixzz1SCQ4jwiE The Options Insider: Your Inside Source For Options Information
54:2115/07/2011
Option Block 73: The Walking Wounded
Trading Block: Contagion woes on the continent. KYO liking LNKD for a stock replacement strategy. GLD was one of yesterday's few bright spots. Ford takes a hit from India. Premium buyers have returned. The futures parking lot, V2.0.
Odd Block: Unusual activity in CLX and IGT.
Xpress Block: The many ways to screw up covered calls. Option pricing when looking at longer and shorter-dated options. Synthetic covered calls.
Listener Question: Is it true that you can't do more than four trades in five days or your account will get locked?
Around the Block: Earnings season: It's back. LNKD. VIX to break 25? Problems in Europe...do tell. Initial and continued jobless claims.
Read more: http://www.theoptionsinsider.com/radio/?id=258#ixzz1S69UpYl4 The Options Insider: Your Inside Source For Options Information
01:15:0414/07/2011
Option Block 72: The Great Oil Strangle
Option Block 72: The Star Spangled Episode Option Block fans, if you have ever wanted to see what goes on behind the scenes when taping an episode, your chance has arrived. The entire gang will be live, in person at Elephant & Castle at 111 W. Adams Street in Chicago on July 21. Taping will start around 3:30, so you won't miss a minute of market action. Stop by, bring your friends, and come prepared for a podcast experience like no other. If you're inclined to want to RSVP so that we make sure we have enough room, you can do so at the Options Insider Facebook page. ------------------ Trading Block: Readjusting collars in AAPL; rolling out of VXX; Sebastian trades AAPL Alpha index options; the futures parking lot. Odd Block: Unusual activity in AMKR, AEO, KLAC, and THOR Xpress Block: Commodity rundown: sugar on the move up; natural gas still going down. Most actives: SPY, RUT, SPX, AAPL, NFLX, SLV, GOOG, QQQ, VIX, and BIDU. On the move: MSFT, XOM, GE, and JPM. Trade idea: Crude oil strangle. Strategy Block: Risk management on naked options. One word: Gamma Around the Block: Non-farm payrolls, VIX futures out of whack for the Aug-Sep term structure; earnings season is almost here. Coming up....
Mark Sebastian is a one-man webinar machine presenting a webinar with VolX on "Understanding and Trading Currency Volatility" on July 12. You can find more information on the VolX.us website. The next day, July 13, is his free monthly webinar, and on July 14, he's presenting a webinar with Price Futures Group. For more details, visit the OptionPit.com website.
Speaking of webinars....Know Your Options will be presenting a series of Sunday night webinars throughout July, including It's All Greek to Me on 7/17, Strike Price Selection on 7/24, and Plan the Trade, Trade the Plan on 7/31. Check KnowYourOptionsInc.com for more information.
optionsXpress is also in the webinar business with IRA Strategies Part One: Covered calls on 7/12, and It's All Greek to Me on 7/17.
Read more: http://www.theoptionsinsider.com/radio/?id=256#ixzz1RXkIwH8N The Options Insider: Your Inside Source For Options Information
58:4308/07/2011
Option Block 71: The Spread Trap
Option Block 71: The Spread Trap Option Block fans, if you have ever wanted to see what goes on behind the scenes when taping an episode, your chance has arrived. The entire gang will be live, in person at Elephant & Castle at 111 W. Adams Street in Chicago on July 21. Taping will start around 3:30, so you won't miss a minute of market action. Stop by, bring your friends, and come prepared for a podcast experience like no other. If you're inclined to want to RSVP so that we make sure we have enough room, you can do so at the Options Insider Facebook page. Trading Block: The gang discusses GLD, SLV, the Euro, Kodak, and the commodity rundown. Odd Block: Unusual activity in DNDN, EW, IO, and BAC. Plus, how to tell if a large trade is a buy or a sell by using deductive reasoning. Xpress Block: Mark & John discuss problems Mark had getting filled on an EK spread order at the NBBO. Around the Block: Long weekend.
55:0601/07/2011
Option Block 70: The Condor Strikes Back
Option Block 70: The Condor Strikes Back
Trading Block:No Euro implosion. Ford moving up, Cisco breaking hearts, and AAPL on a rollercoaster.
Odd Block: Unusual activity updates in YHOO, USU, and HK
Xpress Block: Most actives at OX: SPY, SPX, NLY, QQQQ, AAPL, SLV, GLD, RUT, and FXI.
Interview Block: Dr. Duke is back. He and the gang discuss condor strategies, including entry and exit points, adjusting positions, his first steps to implementing condors, and what he's watching int he markets.
Around the Block: Greece and the Euro. Cattle...COW. Initial jobless claims, Chicago PMI, and a long weekend coming up.
Items of note....
The first-ever LIVE Option Block episode will tape on Thursday, July 21 starting at 3:30 at the Elephant & Castle at 111 W. Adams Street in Chicago. Be sure to see what happens behind the scenes when the entire gang gets together in the same room. It's sure to be memorable.
Dr. Duke is presenting a webinar entitled "Adjusting the iron condor in a bear market" this Wednesday, June 29 at 8:30 CDT. You can visit his website, ParkwoodCapitalLLC.com, for more information.
Speaking of webinars....Know Your Options will be presenting a series of Sunday night webinars throughout July. Check KnowYourOptionsInc.com for more information.
Not to be left out, Mark Sebastian is a one-man webinar machine presenting a webinar with VolX on "Understanding and Trading Currency Volatility" on July 12. You can find more information on the VolX.us website. The next day, July 13, is his free monthly webinar, and on July 14, he's presenting a webinar with Price Futures Group. For more details, visit the OptionPit.com website.
Read more: http://www.theoptionsinsider.com/radio/?id=252#ixzz1QbFwCZmC The Options Insider: Your Inside Source For Options Information
51:4328/06/2011
Option Block 68: He-Man Strangles RIMM
Option Block 68: Masters of the Universe Trading Block: people are finally starting to buy puts, and the VIX goes up. Real-time RIMM earnings reports. Ford's running on natural gas. Commodity update. Odd Block: RIMM live updates pre-earnings report. Interview Block: The guys have a surprise discussion with Paul Price, dentist and trader. They talk tech stock bargains, AAPL earnings, and more. Xpress Block: From 6/14 - 6/21 is the Motley Fool promotion, in which you can get up to $500 for funding an account and placing some trades. Contingency orders. Chinese stock. Expiration. Strategy Block: Ford strategies: Band-aids, tourniquets, and splints: Death by a thousand cuts. Around the Block: Michigan sentiment, leading indicators. People finding religion on SPX. Put on some protection!!
Read more: http://www.theoptionsinsider.com/radio/?id=247#ixzz1PZOyDGvo The Options Insider: Your Inside Source For Options Information
01:01:1017/06/2011
Option Block 67: Decepticons Attack!!!!
Option Block 67: Decepticons Attack!!!! Trading Block: Timberland & Arbys both on the sales block. Commodity rundown...energies getting pummled. Uncle Mike adjusts his SLV position...again. Odd Block: Unusual activity from JDSU, HNR, and ESI. There was a frenzy for short-term lottery tickets. Xpress Block: Top 10 OX tickers for Monday: SPX, SPY, SLV, AAPL, RUT, QQQQ, GLD, VXX, VIX, and NFLX. Problems with Chinese stocks.
Interview Block: The gang talks to Steve Papale, veteran options trader and newest face at Know Your Options, Inc. Steve talks about his non-directional trading style and strategies to employ in various market conditions. Around the Block: Economic numbers coming up: CPI, PPI, crude inventories, jobless claims, housing starts. Oh, and expiration Friday.
Read more: http://www.theoptionsinsider.com/radio/?id=245#ixzz1PSuWkIMK The Options Insider: Your Inside Source For Options Information
01:07:0916/06/2011
Option Block 66: Autobots Roll Out
Trading Block: Trade deficit falls. MSFT loses patent lawsuit. Exchange scuttlebutt. Commodity rundown. USDA report comes out. Trading floor nostalgia. Odd Block: Unusual activity in BAC, VRTX Xpress Block: What happens when a trade gaps against you? Halting Chinese stocks. NFLX. Looking for a big spike in vol. Around the Block: RIMM earnings on 6/16. Ford paying back loan money. Coming up.... Know Your Options, Inc.: Calendars & Diagonals webinar on Sunday night. Next week, Steve Papale joins the gang for Option Block. optionsXpress: Check out market insights. There is a New York trading event coming up on 6/25. There is still time to vote in the overview wish list. Option Pit: Un-do your bad mentoring experiences with the Option Pit Life Boat. Email [email protected] for more details. Also, Mark is giving a free webinar with CBOE on 6/21 at 3:30 on when to switch from an ETF to the big index. Visit cboe.com for more details.
Read more: http://www.theoptionsinsider.com/radio/?id=243#ixzz1PStrkQTE The Options Insider: Your Inside Source For Options Information
01:03:5216/06/2011
Option Block 65: Brazen Premium Selling
01:05:2107/06/2011
Option Block 64: LNKD Option Trading Tips
01:03:4103/06/2011
Option Block 63: Rho - The Forgotten Greek
01:00:3627/05/2011
Option Block 62: Hunting Alpha
01:01:1724/05/2011
Option Block 61: LNKD Into Options
01:07:5720/05/2011
Option Block 60: Reporter Re-Education
56:3817/05/2011
Option Block 59: Live From OIC 2011
01:00:4816/05/2011
Option Block 58: SLV - The Saga Continues
35:4410/05/2011
Option Block 57: Silver Apocalypse
01:05:3806/05/2011
Option Block 56: Name Dropping Bin Laden
01:07:4403/05/2011
Option Block 55: Silver Talk from Silver Tongues
59:5229/04/2011
Option Block 54: Down the Transformers Rabbit Hole
57:1926/04/2011
Option Block 53: Getting Closer To Oprah
01:02:2721/04/2011
Option Block 52: Things That Make You Go Hmmmm
52:1919/04/2011
Option Block 51: The Value of Fort Knox
49:0115/04/2011