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).