Option Block 787: A New Era For The Option Block

TRADING BLOCK

Co-Host: Trey Jarrell, Fidelity Trading Strategy Desk

Most active indices: VIX – 224k, SPY – 1.06M, SPX: 432k

Most active equity options: LLY, AAPL, BA, FB, ELAN, GE, NIO, AMD, NVDA, TSLA

Boeing shares tumble 9% after deadly crash of popular 737 jet.

 

 

 

ODD BLOCK

Call activity in QuinStreet Inc (QNST) – from Feb 7

Harvesting risk premium in Plains GP Holdings LP(PAGP) – from Feb 4

More risk premium harvesting in Canadian Pacific Railway Ltd (CP) – from Feb 4

 

 

 

STRATEGY BLOCK

Uncle Mike Tosaw discusses the cover call strategy.

 

 

 

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?

69% – Yes

31% – No

Question from Fidelity Client – As an options seller, is it better to close out of my options positions early or let them expire worthless?

 

 

 

AROUND THE BLOCK

This Week in the Market:

Mar 11 – Retail Sales

Mar 12 – CPI

Mar 13 – Durable Goods, PPI

Mar 14 – Jobless Claims, Import and Export Prices

Mar 15 – Industrial Production, Consumer Sentiment

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