Options Industry

Option Block 643: Fire, Fury and VIX


The fire and fury are locked and loaded. 

Download Option Block 643: Fire, Fury and VIX

Trading Block: VIX getting some life again thanks to "fire and fury."

Earnings after the bell:

  • NVDA - ATM straddle: $15, approx. 9%
  • SNAP - ATM straddle: $2.25, approx.16.5%

Odd Block: Put spreads trade in iShares MCSI South Korea Index (EWY) , put rolls in SPDR Retail ETF (XRT) and puts sell and call in Urban Outfitters (URBN).

Strategy Block: Uncle Mike Tosaw discusses what happens when low volatility gets higher in the course of just one day.

Mail Block/Flash Poll:

BOX Options is opening a new trading floor. Do we need another floor to compete with Philly, NYSE, CBOE and all the rest?

  • Yes, for complex orders
  • No, there are too many exchanges
  • N/A, I only trade electronically
  • I am dusting off my trading jacket

Around the Block: What's coming up?

Earnings this week:

  • Thursday - Macys, Kohl’s, Nordstrom, Blue Apron, Snap Inc., Coca-Cola, Nvidia
  • Friday - JCPenney

Big numbers:

  • Aug 11: Consumer Price Index

Get in the Middle of the Trading Action at the Professional Traders Summit


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


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The Options Insider Radio Network

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

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The Options Insider Radio Network

All of our radio programs in one convenient place.

The Options Insider Radio Network

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The Long And Short Of Futures Options

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Get into peak options trading shape.

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