Option Block 580: Bringing Sexy Back to Box Spreads

13/12/2016 1h 0min
Option Block 580: Bringing Sexy Back to Box Spreads

Listen "Option Block 580: Bringing Sexy Back to Box Spreads"

Episode Synopsis

Trading Block: Stocks mixed as Dow hits another new record high, flirting with 20,000. Crude and XLE up too. Wealthy investors show a Trump bump in confidence, UBS Wealth Management Americas reported Thursday. Odd Block: Puts trade in Transocean ltd (RIG), calls and puts trade in SPDR S&P 500 trust (SPY) and calls trade in Hain Celestial Group (HAIN). Mail Block: Question of the week and listener questions #QuestionOfTheWeek: Financial advisors represent the last options frontier. What level of options knowledge do you expect from your advisor? None: I will do it myself Level 1: Buy Puts/Calls Level 2: Income & Vol Level 3: Option Specialist Question from Adam Sam - Hello again... I figured out a way to predict the direction of the market for the day with 75% accuracy. I am wondering what would be the smartest way to trade this info? Should i sell the opposite options OTM with 45 days? And buy them back at the end of the day? Or buy OTM in the direction it will move? I cannot predict the after hours so i want to get out at the end of the day. How would you hedge such trade? Thank you Question from BGT - What happens to options if the fed raises rates in December? Around the Block/This Week in the Market: Dec 12 - Treasury Budget Dec 13 - Import and Export Dec 14 - PPI, Retail Sales, FOMC Dec 15 - Jobless Claims, CPI Dec 16 - Housing Starts Earning Highlights: Thursday - Adobe, Oracle

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