Option Block 61: LNKD Into Options
Click here to listen or download.
Trading Block: Sell in May and go away? Ok, sure. LinkedIn IPO on Wednesday at $45, goes up to $122 on Thursday, closes at $94.25 with a volume of 30mm contracts, or more than 9x its revenue stream. Commodities trading choppy.
Odd Block: NVDA - ADV=62k, does 77k, mostly selling Sep calls. PCYC- ADV=400, does over 10k with a size put seller in the Sep 17.50 puts.
Xpress Block: Credit spread roll traps and how to avoid rolling losing positions.
Listener Questions: Delta neutral trading for credit spreads. Credit spread possibilities for leve 2-3 traders. Realistic options strategies for under $10k.
Around the Block: Number revisions coming out, holiday weekend.
About Mark S. Longo
Mark S. Longo is the founder of The Options Insider Inc. - a firm dedicated to providing free options information, education, news and analysis for options users. Whether it's on TheOptionsInsider.com, a leading online options destination; through Options Insider Radio, the world's only radio network for options users; or through a growing number of newsletters and live events, Mr. Longo continues to provide new ways to spread the word about options.Mr. Longo's analysis of the options market has appeared in a wide variety of domestic and international publications, including The Wall Street Journal, Financial Times, Reuters, Futures Magazine, and more. As one of the few industry commentators with practical options experience, he has developed a substantial following among industry veterans and newcomers looking for insight into this complex market.Mr. Longo began his career as an options trader on the floor of the Chicago Board Options Exchange.
View Mark S. Longo's post archive >
