Option Block 786: Europeans Make VIX Slidey and Weak

TRADING BLOCK

Most active indices:

VIX – 352k, SPY – 1.65M, SPX – 567k

Most active equity options: LLY, NIO, AAPL, FB, GE, BAC, TSLA, AMD, BAB, MSFT

OCC February volume down 25.9% after strong 2018

ODD BLOCK

Put selling in Kraft Heinz Co (KHC)

Puts trading in General Electric Company (GE)

More puts trading in Kroger Co (KR)

MAIL BLOCK

#QOTW: Everyone in our audience thought 2019’s #options volume would eclipse 2018’s record volume. But, through February, ADV is down nearly 19% from last year. 2019 is still young so we thought we’d take your pulse again  – will 2019 beat 2018’s record  5.1B #options contracts?

– Yes

– No

Question from Tosaw Client – I have a client and listener who asked me an interesting question we can talk about on the show. Why is a call calendar (both above the price of the underlying) more expensive than a put calendar on GOOGL and CRM? This could be a really good discussion.

AROUND THE BLOCK

This Week in the Market:

Mar 8 – Unemployment

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