Option Block 561: Dangerous Call Volatility

04/10/2016 1h 4min
Option Block 561: Dangerous Call Volatility

Listen "Option Block 561: Dangerous Call Volatility"

Episode Synopsis

Trading Block: It is that time of the month: OCC Cleared Contract volume up 2% in September. Exchange-listed options volume reached 357,041,027 contracts in September, up one percent from September 2015 volume of 354,782,668 contracts. TSLA: Quarterly sales numbers are strong. 70% increase in delivered cars over Q2. Production up 35%. Odd Block: Puts trade in Deutsche Bank AG (DB), alls roll out in Pfizer Inc (PFE) and calls trade in Wells Fargo Co (WFC). Mail Block: Listener questions and comments Last Week Options #QuestionOfTheWeek -How will the election impact $VIX? Are we heading for #Trump-ocalypse or #Clint-astrophe? Share your feelings. 43% Spike > 20 - Blame Trump 11% Spike >20 - Blame Clinton 17% No impact (12-14 range) 29% Modest Increase (15-20) This Week Options #QuestionOfTheWeek - What is your preferred way to trade #Volatility? $VIX? $VXX? $XIV? $SPX? $SPY? DM/Reply with alternatives VIX Options/Futures? VXX? XIV? S&P Strad/delta-neutral? Comments for listeners: Comment from Mark Brandt - About last episode, The Sex Appeal of Options: SPX is a hot chick! Liked the put diagonal collar concept for open upside! Comment from Charlesturro - @OptionsInsider These are looking good today!! - regarding this activity - 6136 $DVAX Jan2017 18 calls went up on the PHLX marked buy write Around the Block: Earnings highlights this week include: Tuesday - Micron Technology, Inc. Wednesday - Monsanto Company and Yum! Brands, Inc. This Week in the market: Oct 5: International Trade, Factory Orders Oct 6: Jobless Claims Oct 7: Unemployment (NonFarms Payroll) Join us at A Leg To Stand On's (ALTSO) Rocktoberfest Date: Thursday, October 6 2016 Time: 6pm - 11pm Location: City Winery, 1200 W Randolph Street, Chicago For more information, please visit the Rocktoberfest website.  

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