It’s the 30th anniversary of the crash of 1987.

Download Option Block 661: Unhappy Anniversary

Trading Block: Black Monday 30th Anniversary, October 19, 1987.

Earnings:

  • GE
  • Honeywell
  • P&G
  • SunTrust

Odd Block: Massive closing paper in Norfolk Southern Corp. (NSC), and review from 8/17 – Rolling winning puts in WisdomTree India Earnings Fund (EPI).

Strategy Block: Uncle Mike Tosaw discusses hedging stock

Mail Block: Options question of the week

EarningsSeason is here! Which name do you plan to trade most actively this cycle?

  • 31% – Tesla, $TSLA
  • 41% – Amazon, $AMZN
  • 17% – Apple, $AAPL
  • 11% – Alphabet, $GOOGL

Options question of the week, volume two:

Do you think #Options should be traded after-hours like stock?

  • 71% – Yes!
  • 25% – No!
  • 4% – Don’t Care!

Listener Questions and Comments: What is on your mind?

  • Question from Darqane -?Assigned on short SPX puts means getting long the underlying? But how does that work if it?s cash settled?
  • Question from ButcherBoyz – What options trading strategy would you say is best suited to people with absolutely zero knowledge of options? Thanks.
  • Question from Axel D. – Why does open interest only update once a day?

Around the Block: Earnings, earnings, earnings.