Option Block 736: New Bat Time, Same Bat Channel
New Bat Time, Same Bat Channel
Listen to Option Block 736: New Bat Time, Same Bat Channel
Trading Block: A week in review from a trading perspective.
- The 30 handle is in the rear-view mirror for VXX - more puts hotting the tape.
- OCC Cleared Contract Volume Up 15 Percent in July
Earnings:
- Monday - Tyson, Marriott, Tenet, NeoPhotonics, Vericel
- Tuesday - Snap, Disney
- Wednesday - CVS, Roku
- Thursday - Coca-Cola, Viacom, Dropbox
Odd Block:
Review from 7/9: Rolling July put spread in iShares Russell 2000 Growth Index (IWO), vertical opening in Endo International PLC (ENDP), and small verticals in Amgen, Inc. (AMGN)
Strategy Block:
Uncle Mike Tosaw discusses both metals to buy now and WWF Champs from 1984-1988!
Mail Block: Volatility quesiton of the week
VXX has finally broken through the 30 handle. Many of you are fascinated with the ongoing saga of the $VXX Jan 10 Puts. OI is over 200k and thousands continue to trade for $.01. Our question: Would you trade these puts?
- Yes: Buy for $.01
- Yes: Sell for $.01
- No. It's Just Gambling
- I have enough $VXX Puts
Around the Block/This Week in the Markets:
- Aug 7 - JOLTS
- Aug 9 - Jobless Claims, PPI
- Aug 10: Consumer Price Index, Treasury Budget
About Mark S. Longo
Mark S. Longo is the founder of The Options Insider Inc. - a firm dedicated to providing free options information, education, news and analysis for options users. Whether it's on
TheOptionsInsider.com, a leading online options destination; through
Options Insider Radio, the world's only radio network for options users; or through a growing number of newsletters and live events, Mr. Longo continues to provide new ways to spread the word about options.Mr. Longo's analysis of the options market has appeared in a wide variety of domestic and international publications, including The Wall Street Journal, Financial Times, Reuters, Futures Magazine, and more. As one of the few industry commentators with practical options experience, he has developed a substantial following among industry veterans and newcomers looking for insight into this complex market. Mr. Longo began his career as an options trader on the floor of the Chicago Board Options Exchange.
Author's web site:
http://theoptionsinsider.com
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