What could possibly go wrong with buying upside calls?
Download Option Block 505: Just Buy Upside Calls
Trading Block: Goldman Sachs sees best time in two decades to buy S&P 500 calls. Traders are betting the Federal Reserve will next raise U.S. short-term interest rates about six weeks earlier than previously thought, after the government reported U.S. employers added many more jobs than expected in February. Earnings today after the bell: Shake Shack.
Odd Block: Calls trade in Alcoa Inc. (AA), puts trade in Linn Energy LLC (LINE), and calls trade in VALE SA (VALE).
Strategy Block: Uncle Mike Tosaw discusses getting back into a trade you got out of, that has continued to go your way since.
Mail Block: Listener questions and comments
- Question from FlyGuy – Do I day trade options anymore?
Around the Block: Earnings!
- Tuesday – Barnes & Noble, Dick?s Sporting Goods
- Wednesday – Vera Bradley
Thursday – Dollar General
- This Week in the Market:
- Mar 9: EIA Petroleum Report
- Mar 10: Jobless Claims, Treasury Budget
- Mar 11: Import and Export Prices