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The Option Block


The Option Block All-Star Panel breaks down the latest developments in the options market, analyzes unusual options activity, explains cutting-edge options strategies, answers listener questions and much more. Whether you're an active options trader or just getting started in the options market, The Option Block will keep you informed and entertained.

Feb 10, 2017

Trading Block: Oil prices prop up Wall Street; NASDAQ hits record high. MIAX launches 15th options exchange with MIAX-Pearl.

Earnings Today:

  • Before the bell: Coca-Cola, Dunkin Brands Group, Twitter, Viacom
  • After the bell: Activision, Nvidia, Zinga

DIS (earnings on Tuesday): Close: $109 - ATM straddle: $3.50, approx. 3.2%; Open: $109.52 - traded as high as $11.42, up 2.2%

Other earnings earlier this week:

  • Tuesday:General Motors, Walt Disney Company, Take Two Interactive
  • Wednesday: GrubHub, Time Warner

Odd Block: Calls trade in Foot Locker Group (FL), calls trade in Chesapeake Energy Co (CHK) and calls trade in Dicks Sporting Goods Inc (DKS)

Strategy Block: Uncle Mike Tosaw discusses his recent trades in Chevron.

Mail Block: Options #QuestionOfTheWeek - With so many different #Options expiration cycles available (weekly, etc) - which duration do you prefer?

  • Longer than 1 month
  • Monthly
  • Weekly
  • Daily/Intra-day

Listener Questions

  • Question from EdwardUhs - Hey guys, what do you think about CMG? (from Mixlr chat on Monday 2/6)

Around The Block/This Week in the Market:

  • Quarterly earnings continue to roll in as expected economic reports are very slow up until Friday.
  • Feb 9: Jobless Claims
  • Feb 10: Import and Export Prices, Consumer Sentiment, Treasury Budget