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Trading Block:?The Fed is not turning off the spigot anytime soon. Ukraine easing tensions combine to boost the market. Options trading for Bitcoins – Atlas 2.0 launched in Hong Kong and North America. Regulatory rule unlikely for HFT. Author Michael Lewis releases a new HFT book -?Flash Boys.

 

Odd Block:?Puts trade in Genpact Limited (G), Call spreads trade in Grupo Televisa SAB (TV) and Call sales trade in iShares MSCI Emerging Markets ETF (EEM)?

Xpress Block:?Tesla and Amazon still retreating. Idea Hub for Schwab mobile is in its final days of testing – should be out in the next couple of weeks.

Strategy Block:?Today, Uncle Mike discusses the importance of closing out short options.

Mail Block

Question from Dylan Harris –?Hi, I started trading options about a year and a half ago and got burned a few times which made me realize I did not know nearly what I thought I did and sent me back to the drawing boards. I have spent the time since then learning as much as I can about different options strategies and trying them in virtual accounts. I have come to the conclusion that diagonal spreads fit me pretty well. The question I have is whether there are ways to use delta as a trigger to (in the case of diagonals) roll the short strike down and/or out and if so how successful have these been in implementation and which brokers have them? Thanks! Dylan

 

Around the Block:??March 31 planting report. Janet Yellens speech. End of the first quarter.