Options Industry

Option Block 666: Earnings Trades, 7 VIX and T-Rexes


When you mix VIX and T-Rexes, watch out.

Download Option Block 666: Earnings Trades, 7 VIX and T-Rexes

Trading Block: Earnings!

  • Monday - Weight Watchers
  • Tuesday - CBOE, Valeant, Snap Inc.
  • Thursday - Nvidia, Macys, Kohl’s
  • Friday - JCPenney

Odd Block: Size call love in MRO. Opening calendar/stupid in RSX. Call 1x3 in RCX.

Mail Block: So many questions!

Options question of the week: Bitcoin just blew past $100B in "market cap." If #Options were available how would you trade them?

  • 52% - Buy Calls/Call Spreads
  • 18% - Buy Puts/Put Spreads
  • 13% - Sell Covered Calls
  • 17% - Other/Hate #Crypto

Listener questions and comments:

  • Comment from Tony Varriale‏ - HODL
  • Comment from Contrlkaos - Call broken wing butterflies

ANOTHER Options question of the week:

Earnings is a coin flip. But you know you love to do it. What's your #Earnings #Options MO?

  • Buy Calls/Call Spreads
  • Buy Puts/Put Spreads
  • Sell Puts/Put Spreads
  • Fly/Iron Fly/ Iron Cond.

More comments!

  • Comment from Ophir Gottlieb‏ - $TSLA oh, if there was after hours option trading @Options
  • Comment from Folfox - Do you prefer iron condor vs. iron butterfly? (I know 1 strategy wont work every time, but what scenario is preferred)
  • Question from ThinkTankTrading - I have a question regarding funds like vxx and this quote from its prospectus...In connection with these limits, the Dodd-Frank Act has required the CFTC to adopt regulations establishing speculative position limits applicable to regulated futures and OTC derivatives and impose aggregate speculative position limits across regulated U.S. futures, OTC positions and certain futures contracts traded on non-U.S. exchanges. In December 2016, the CFTC re-proposed rules on position limits with respect to the 25 physical delivery commodity futures and options contracts, as well...What happens with cheap low Vol prices and this position limit, and they can't get the Vol exposure needed to track the benchmark? ...Positive or inverse ETFs?...One will have massive margin lending/ borrowing costs and the other won't be allowed to buy more futures at some point...The second that happens the Nav will be out of wack and become a closed end fund with Arb to Nav opportunities aka the death spiral - would you agree? Or am I missing something - thanks in advance...Asking for a friend hahahah kidding.

Around the Block: RCM webinar on Wednesday, November 8th, 12:00 CST - How to Webinar: Trading Options on Stocks & Futures

Economic Reports this Week:

  • Nov 7 - JOLTS
  • Nov 8 - EIA Petroleum Status Report
  • Nov 9 - Jobless Claims
  • Nov 10 - Consumer Sentiment, Treasury Budget

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

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.

Options Insider Radio

The Option Block

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

The Option Block

Volatility Views

The premier radio program for volatility traders.

Volatility Views

The Long And Short Of Futures Options

Your source for futures options information.

The Long And Short Of Futures Options

The Advisor's Option

Arming advisors with the info necessary to manage risk.

The Advisor's Option

Options Boot Camp

Get into peak options trading shape.

Options Boot Camp

Options Insider Special Events

Compelling panel & special event recordings from the options world.

Options Insider Special Events

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

Options Playbook Radio

Options Oddities

We track all the unusual options trading activity on Options Oddities.

Options Oddities

This Week in Futures Options

The program designed to help active futures options traders stay on top of this ever-changing marketplace. 

This Week in Futures Options

The Business Show

If you like business, if you like humor, if you like stock symbols, this is the podcast for you.

The Business Show