Options Industry

Option Block 612: NFLX the Widowmaker Wimps Out


Has the widowmaker lost its touch?

Download Option Block 612: NFLX the Widowmaker Wimps Out

Trading Block: VIX preparing for the French election.

Earnings today (after the bell):

  • United Airlines - $UAL - 70.37USD, Price increase 1.29 (1.87%), ATM Straddle - $2.50, approx. 3.5%
  • Netflix - $NFLX, 146.56USD Price increase 3.64 (2.55%), ATM Straddle - $12, approx. 8%

Odd Block: Call spread selling in Thor Industries Inc. (THO), call buying in Texas Instruments Inc. (TXN), and put spread buying in SPDR Euro STOXX 50 ETF (FEZ).

Mail Block/Options #QuestionOfTheWeek

With $TSLA threatening $315 how are you leaning in your #Options trades this month? Would you rather:

  • Buy 1-month $300 put
  • Buy 1-month $330 call
  • Sell 1-month $300 put
  • Staying far away from it

Listener questions and comments concerning Game Day Dog question:

  • Question from Elio - Confused. How did that guy end up with only two of his short puts getting assigned to him? If he was short 3 should not all of them have been assigned?
  • Question from AddJack - You answered a question from Gamedaydog on Tuesday’s episode about a put spread gone bad. Is this a reason not to trade spreads if these sort of complications can pop up? Think I would rather stick with stock thank you.
  • Question from Tony Rather - Fun show. Thanks to you and Rock Lobster and Uncle Mike for educating, informing and educating us each week. I have a follow up to the listener mail question from last show in which the listener and uncle mike said he was long stock against his put spread. They both said his stock would expire after seven days. But stock does not have an expiration date. Please clarify as I am obviously missing something.  

Around the Block: What's on our trading screens for the rest of the week?

Earnings!

  • Bank of America
  • Charles Schwab

This week in the market:

  • Apr 18: Housing Starts, Industrial Production
  • Apr 19: Beige Book
  • Apr 20: Jobless Claims
  • Apr 21: Existing home Sales

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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.

Author's web site: http://www.theoptionsinsider.com


View Mark S. Longo's post archive >

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The Options Insider Radio Network

The Options News Rundown

Your source for the most important news and information from the world of options.

The Options News Rundown

The Options Insider Radio Network

All of our radio programs in one convenient place.

The Options Insider Radio Network

Options Insider Radio

The original options podcast. Features interviews with leading options figures.

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This high-octane program features education, analysis, strategies and unusual activity.

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The premier radio program for volatility traders.

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The Long And Short Of Futures Options

Your source for futures options information.

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Get into peak options trading shape.

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Compelling panel & special event recordings from the options world.

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OIC's Wide World of Options

A dynamic mix of current events, investor resources, & strategy insights.

OIC's Wide World of Options

Trading Tech Talk

We break down all the amazing technology that takes your trades from the click of a mouse to the clearinghouse.

Trading Tech Talk

Options Playbook Radio

Break down cutting-edge options strategies and learn how to incorporate them into your portfolio

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