TRADING BLOCK
Most active indices:
VIX – 599k, SPY – 1.67M, SPX – 708k
Uber/Lyft drivers may be able to participate in IPO
ODD BLOCK
Call love in (BUD)
Call overwrite in Workday Inc (WDAY)
Call love in SandRidge Energy Inc. (SD)
STRATEGY BLOCK
Uncle Mike Tosaw discuses how trading based on a breakout can be beneficial to risk management.
MAIL BLOCK
#QOTW: We’ll keep it simple to wind down the week. What is your go-to #options strategy right now? Don’t see your fav on the list? Reply/DM with your suggestions.
49% – Long Call/Put/Vertical
14% – Short Call/Put/Vertical
20% – Fly/Iron Fly/Condor
17% – Calendar/Diagonal
Question from Holscreen – Is it safe to say that a large amount of the options business is devoted to paying for puts?
Question from Dana Mac – I’ve heard a lot of talk about contract numbers but how much dollar value is actually transacted in the options market?
AROUND THE BLOCK
This Week in the Market
Mar 4: Construction Spending
Mar 5: New Home Sales, Treasury Budget
Mar 6: International Trade
Mar 7: Jobless Claims, Productivity and Costs
Mar 8: Unemployment
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