In which Uncle Mike reveals his fast food preferences
Option Block 435: The Dark Heart of the Soul
Trading Block: Wall Street is using the power of Dodd-Frank against itself. Shake Shacks (SHAK) unhedgeable risk. Chipotle (CMG) stock rallying following higher analyst rating. Google (GOOGL) tech deals on pace to surpass 1999.
Odd Block: Calls trade in CONSOL Energy Inc. (CNX), calls trade in McDonalds Corp (MCD), and puts trade in iPath S&P 500 VIX Short Term ETN (VXX)
Mail Block: Listener questions and comments
- Question from Gerry Engle – Hola fellows. Like the programs especially Option Block and Volatility Views. I noticed you guys do not talk much about technicals. The few times you have mentioned them you seem to take a dim view of them. Why is that? Are there no technicals that you feel are useful for options traders to pay attention to?
- Question from Calls vs Puts – Why is there not just one product that you can sell and buy to express your bullish or bearish outlook instead of two – calls and puts? Is that not a bit of overkill?
- Question from Georges Sinclair – Why are iron condors so popular? Seems like many other strategies can offer similar performance. Why has that one strategy become so dominant?
Around the Block: Early summer doldrums? Any action in anything anytime soon?