Get in on the conspiracy of?Buying Illuminati Calls

Option Block 768: Buying Illuminati Calls

Trading Block:
Looming government shutdown spooks the market.

Most active today:

  • SPY – 2.1M (ADV 3.44M)
  • VIX – 326k (603K ADV)

Earnings Highlights:

  • Monday – Oracle (after bell)
  • Tuesday – Darden, Navistar, FedEx
  • Wednesday – Rite Aid, General Mills
  • Thursday – Conagra, Nike
  • Friday – Carmax

Odd Block: Tesla put summary, opening call sale in (ONB), opening call love in (CG) and put love in Macy’s (M)

Strategy Block:
Uncle Mike Tosaw discusses 1256 contracts and wash sales.

Mail Block: Options qusetion of the week

Which upcoming volatility product are you most excited about trading in 2019? Or are you content to stay with the original despite lingering issues?

  • SPIKES
  • Realday/RealVol
  • Voldex/Skewdex
  • I’ll stick with VIX

Listener question:

  • Question from CodeLife10 – What is your thought on JPM tomorrow?

Around the Block: What’s on the radar for the pre-holiday week?