Feb 12, 2013
Option Block 220: Who Needs Annuities When You Can Sell Puts on GOOG?
Interview Block: Today's guest is Doug Berman, Vice President of Agriculture Derivatives, RCM Asset Management. He talks about
- Why this is an extremely exciting time in the corn option market.
- The unique relationship between implied volatility and pricing
- How traditional strategies like covered calls/collars perform in the Ag realm vs. equity options
- On Wednesday, February 13, Doug will be sharing with us his ideas and systems for trading futures and options on corn.
Trading Block:A meandering day on the street today. We’re still deep in the earnings with CBOE, ATVI, MSFT, and CMG all rallying strong post-earnings. RIMM/BBRY staying strong as well. Apple watch is back on.
The Odd Block: Bullish put spread trades in Bank of America Corp. (BAC), small call block goes up in Superconductor Corp. (AMSC), aggressive opening call buyer in Walgreens Co. (WAG), and closing calls trade in Chilcott Ltd. (WCRX).
Xpress Block: Alex discusses some impending price changes in futures and futures options. Now $3.50! + exchange fees and NFA fees.
Around the Block: Cisco earnings 2/13, LivePerson 2/12, NVidia 2/13, Tesla 2/13. Watching Radian Group, Google and Apple.