Options Industry

Option Block 761: Apple Wreck, Nat Gas Blowout and More


Apple Wreck, Nat Gas Blowout and More

Listen to Option Block 761: Apple Wreck, Nat Gas Blowout and More Trading Block: Apple woes hitting the market again., Plus earnings.
  • Target
  • Best Buy
  • Lowe's
  • Kohl's
And growth in US corporate earnings expectations remains strong. Odd Block: Tesla put summary; call love in JD.Com Inc. (JD); line in the sand puts in Mattel, Inc. (MAT); put love in ENSCO PLC (ESV). Strategy Block: Uncle Mike Tosaw discusses premium selling Mail Block: Options question of the week You guys did great on last week's crystal ball so we've upped the ante. Where will VIX be at the end of Volatility Views in TWO WEEKS - aka Fri 11/30? Closest (within 1 pt) wins signed book from Option Pit Good Luck!
  • Here: 18.5-20.99
  • Higher: 21-23.5
  • Lower: 16-18.49
  • Crazy: Above 23.5
Listener questions and comments:
  • Question from Steve Giannakopoulos - Seems right that you can write 1 put option when you already own 100 shares of the underlying stock. Brokerage can lock and keep the 100 shares as collateral instead of holding cash as collateral. It doesn't happen though. Why? You could have your long 100 shares forced sell at the put option strike price if it's ITM and you get assigned. I read you said I just don't understand it. Thank you.
  • Question from Matthew Grabarczyk - First of all thank you for the programming and knowledge! Coming from the technical side of equities trading I need some help and I could not really find a direct answer in the archives. A trade I'm in went long at 149.05 with a target of 152.75. At 150.90 (midway) I legged into a diagonal spread long the Jan 151 calls, short the weekly 152.50 trying to optimize skew. It is currently at 152.20 and gamma is kicking my ass. If I wanted to be out completely by 152.75, how would you suggest adjusting this trade?
Around the Block/This Week in the Markets
  • Nov 20: Housing Starts
  • Nov 21: Jobless Claims, Durable Goods, Consumer Sentiment, Existing Home Sales
  • Nov 23: Fed Balance Sheet

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


View Mark S. Longo's post archive >

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The Options Insider Radio Network

The Options News Rundown

Your source for the most important news and information from the world of options.

The Options News Rundown

The Options Insider Radio Network

All of our radio programs in one convenient place.

The Options Insider Radio Network

Options Insider Radio

The original options podcast. Features interviews with leading options figures.

Options Insider Radio

The Option Block

This high-octane program features education, analysis, strategies and unusual activity.

The Option Block

Volatility Views

The premier radio program for volatility traders.

Volatility Views

The Long And Short Of Futures Options

Your source for futures options information.

The Long And Short Of Futures Options

The Advisor's Option

Arming advisors with the info necessary to manage risk.

The Advisor's Option

Options Boot Camp

Get into peak options trading shape.

Options Boot Camp

Options Insider Special Events

Compelling panel & special event recordings from the options world.

Options Insider Special Events

OIC's Wide World of Options

A dynamic mix of current events, investor resources, & strategy insights.

OIC's Wide World of Options

Trading Tech Talk

We break down all the amazing technology that takes your trades from the click of a mouse to the clearinghouse.

Trading Tech Talk

Options Playbook Radio

Break down cutting-edge options strategies and learn how to incorporate them into your portfolio

Options Playbook Radio

Options Oddities

We track all the unusual options trading activity on Options Oddities.

Options Oddities

This Week in Futures Options

The program designed to help active futures options traders stay on top of this ever-changing marketplace. 

This Week in Futures Options

The Business Show

If you like business, if you like humor, if you like stock symbols, this is the podcast for you.

The Business Show

Options News Rundown: Monday, December 10, 2018

Options news you can use for Monday, December 10, 2018

Options News Rundown: Monday, December 10, 2018