Option Block 530: Option Block from a Train

10/06/2016 57 min
Option Block 530: Option Block from a Train

Listen "Option Block 530: Option Block from a Train"

Episode Synopsis

Trading Block: VIX remains somewhat muted heading into FOMC new week as well as Brexit the following week. Billionaire George Soros returns as a Brexit bear. He's also loading up on gold and GLD options, SPY puts. Odd Block: Calls trade in Market Vectors Oil Services ETF (OIH), calls trade in AT&T (T), and calls trade in Marathon Petroleum Corp (MPC). Mail Block: Listener questions and comments Question from JMFarrare: Do you guys have a service that alerts on unusual options activity in the mornings on a daily basis? If not can you direct me to someone that does? Thanks, your website is great! Question from 777: What adjustments should I make when trading options on expensive stocks vs. regular priced stocks vs. cheap stocks. Question from Eric: The last few days I have traded October OIX calls. I made money, but felt like I left a lot of money on the table due to the bid ask spread. How could I have improved on this? Around the Block: Triple witching plus FOMC equals wild week ahead.

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