He started the episode on a train in Riverside. Can the greasy meatball make it to the studio before the end of the Option Block? You’ll have to tune in to find out.
Download Option Block 530: Option Block from a Train
Trading Block: VIX remains somewhat muted heading into FOMC new week as well as Brexit the following week. Billionaire George Soros returns as a Brexit bear. He’s also loading up on gold and GLD options, SPY puts.
Odd Block: Calls trade in Market Vectors Oil Services ETF (OIH), calls trade in AT&T (T), and calls trade in Marathon Petroleum Corp (MPC).
Mail Block: Listener questions and comments
- Question from JMFarrare: Do you guys have a service that alerts on unusual options activity in the mornings on a daily basis? If not can you direct me to someone that does? Thanks, your website is great!
- Question from 777:?What adjustments should I make when trading options on expensive stocks vs. regular priced stocks vs. cheap stocks.
- Question from Eric: The last few days I have traded October OIX calls. I made money, but felt like I left a lot of money on the table due to the bid ask spread. How could I have improved on this?
Around the Block: Triple witching plus FOMC equals wild week ahead.