Option Block 505: Just Buy Upside Calls

08/03/2016 1h 1min
Option Block 505: Just Buy Upside Calls

Listen "Option Block 505: Just Buy Upside Calls"

Episode Synopsis

Trading Block: Goldman Sachs sees best time in two decades to buy S&P 500 calls. Traders are betting the Federal Reserve will next raise U.S. short-term interest rates about six weeks earlier than previously thought, after the government reported U.S. employers added many more jobs than expected in February. Earnings today after the bell: Shake Shack.
Odd Block: Calls trade in Alcoa Inc. (AA), puts trade in Linn Energy LLC (LINE), and calls trade in VALE SA (VALE).
Strategy Block: Uncle Mike Tosaw discusses getting back into a trade you got out of, that has continued to go your way since.
Mail Block: Listener questions and comments

Question from FlyGuy - Do I day trade options anymore?

Around the Block: Earnings!

Tuesday - Barnes & Noble, Dick’s Sporting Goods
Wednesday - Vera Bradley

Thursday - Dollar General

This Week in the Market:
Mar 9: EIA Petroleum Report
Mar 10: Jobless Claims, Treasury Budget
Mar 11: Import and Export Prices

More episodes of the podcast The Option Block