Mar 21, 2017
Trading Block: Apple continues to rally. NASDAQ touches fresh intra-day record, but stocks fight for traction. CBOE Skew Index trending higher. It's about time.
Odd Block: Puts trade in GameStop Inc. (GME), call spreads trade in FireEye Inc. (FEYE) and puts trade in Grupo Televisa SAB (TV).
Mail Block: Polls, upsets, questions, and more.
Options #BrokerMadness tournament going on now.
- Tough battle today in #options #BrokerMadness as @optionsXpress takes on @IBKR, Who will emerge to take on @TradingBlock?
- @LSFinancial crushing @tradier
Options #QuestionoftheWeek: In #BrokerMadness spirit, lets bring the fight to exchanges. What is your fav? Where do you send your business?
- CBOE/BATS
- NYSE/Arca/AMEX
- NASDAQ/PHLX/ISE
- Other: BOX,MIAX, etc
Listener question:
- Question from JVao - Sell put + buy call = long delta exposure = cheaper than buying the underlying = maximizing skew = why does everyone not do this?
Around the Block: What's coming up this week?
Earnings!
- Tuesday - Nike, FedEx
- Thursday - GameStop
This week in the market:
- Mar 22: Existing Home Sales
- Mar 23: Jobless Claims, New Home Sales
- Mar 24: Durable Goods