Option Block 491: Buy Andrew a Generator

12/01/2016 56 min
Option Block 491: Buy Andrew a Generator

Listen "Option Block 491: Buy Andrew a Generator"

Episode Synopsis

Trading Block: Last week was the worst start to a trading year in history. An early rally lost steam later in the session. Intra day S&P high - 1935. Does the lack of IPOs signal a looming recession? Fear makes oil options increasingly expensive.
Odd Block: 1-by-2 call spread in The CBOE Volatility Index (VIX), buy to close short in Teva Pharmaceutical (TEVA), and bullish risk reversal in Powershares QQQ Trust (QQQ).
Strategy Block: Tosaw discusses the importance of "drawing a line in the sand" and having a plan.
Mail Block: Listener questions and comments

Question from Pepe - Who is paper?

Around the Block: This Week in the Market

Alcoa kicks off another round of quarterly earnings on Monday and there are several economic reports worth nothing particularly on Friday.
Jan 12: JOLTS
Jan 13: Beige Book, Treasury Budget
Jan 14: Jobless Claims
Jan 15: PPI, Retail Sales and Consumer Sentiment

More episodes of the podcast The Option Block