Dispelling options myths, delivering options wisdom, & a side of listener mail. All that & more in today’s Option Block.
Click here to access Option Block 387: Crude Oil Put Palooza
Trading Block: Gold struggles to find buyers in third quarter. Lower oil prices give a lift to the American economy. Buffett to trade P&G stock to buy Duracell.
Odd Block: Calls trade in Cyberark Software LTD (CYBR), calls trade in Demand Media Inc. (DMD), call ratios trade in Charter Communications, Inc. (CHTR)
Xpress Block: Amazon and Apple hit near-term highs.
Mail Block: Listener questions and comments
Question from DJSpin – What is your best play for a Santa Claus rally in SPY?
Question from Eliac – Which OTM call strike performs the best when the underlying rallies?
Around the Block: Looking at crude and the 10-year. What will the bottom be in crude? More all-time highs in AAPL. Will it be a happy Christmas for holders of AAPL?