A Binary Palooza? Oh yeah, we have that.
Download Option Block 472: GOOGL, AMZN and Binary Palooza
Trading Block: Today we feature special guest Dan Cook from NADEX.
Earnigns:
- Before the bell today:?Eli Lilly, 3M, Dow Chemical, McDonalds, Nasdaq, Sirius, Southwest Airlines
- After the bell today:?Alphabet Inc., Amazon, AT&T, Microsoft, Pandora
News:
- Dow surges more than 275 on McDonald’s, ECB stimulus talk – McRevenge! McDonald’s turns table on Chipotle.
- Now that Google Is Alphabet, options suggest another big stock move.
- Barclays: Use bullish options to play gold rally.
Odd Block: Calls trade in Prudential Financial Inc. (PRU), calls trade in eBay Inc (EBAY), and calls trade in Corning Incorporated (GLW).
Listener Mail: Listener questions and comments
- Question from Fred -?I trade futures all day but not options. Trying to trade on a longer term cycle to avoid juggling positions. What advice do you have for someone who wants to trade options but cannot babysit their options daily?
- Question from Peter D. – Stocks are being hit by latency sensitive strategies like HFT. Is that happening in options as well?
Around the Block: Earnings on Friday – American Airlines (before bell), Procter & Gamble (before bell), Whirlpool (before bell).
