Trading Block: The Dow sets all-time intraday record as Senate votes to end government shutdown (
Earnings This Week:
• Monday: Netflix
• Tuesday: Johnson & Johnson, Procter & Gamble, Travelers, Verizon
• Wednesday: GE, United Technologies
• Thursday: Caterpillar, 3M, Intel
Odd Block: Calls and puts trade in Patterson UTI Energy (PTEN). Puts trade in Harley Davidson Inc (HOG). Puts roll in HCA Healthcare Inc (HCA).
Strategy Block: Mike Tosaw discusses buying OTM calls in this current market
Mail Block: Options question of the week
Bitcoin futures are currently trading around $11,500. If #Options existed, how would you trade them? Assuming one-month to expiration would you…?
• 27% – Buy 5% OTM Call
• 32% – Buy 5% OTM Put
• 16% – Sell 5% OTM Covered Call
• 25% – Just Short the Future
Listener questions and comments:
• Question from CharlieC – What’s the weirdest thing you’ve seen in the options market?
• Question from Markit – What’s the truth about all the talk about VIX being moved using SPX puts? Is this a thing? Can you please discuss on the network?
Around the Block/Economic Reports This Week:
• Jan 24: Existing Home Sales
• Jan 25: Jobless Claims, International Trade, New Home Sales
• Jan 26: GDP, Durable Goods
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