Dec 15, 2017
Trading Block: Volume is a little lighter in XBT now. Taleb is not a fan of Bitcoin, at least not without options.
Apparently Bitcoin is destroying the world.
Question of the week: Everyone's caught Bitcoin fever these days. The first "real" futures launched at CBOE. Our question is simple - are you going to trade them this week?
- Heck Yes!
- Hell No!
- I already traded them
- Sticking w/Coinbase et al
Odd Block: Closing vertical w/ puts in Time Warner Inc. (TWX). Closing upside calls in Symantec Corp. (SYMC). Size ITM put roll in Sanchez Energy Corp. (SN)
Mail Block: Options question of the week
Options during earnings is a coin flip. But you know you love to do it. What's your earnings options MO?
- Buy Calls/Call Spreads
- Buy Puts/Put Spreads
- Sell Puts/Put Spreads
- Fly/Iron Fly/Iron Condor
Listener Questions: What's on your minds?
- Comment from Tom - Let's be honest. If any of us had size bitcoin we would have sold out ages ago and probably be kicking ourselves right now.
- Question from GiddyFranciscan - Sell in May and go away. What option strategy benefits from the profound market malaise that occurs over the summer?
- Question from KBX32 - What is the cheapest way to hedge my portfolio with options?
Around the Block/Economic Reports:
- Dec 15 - Industrial Production