The Option Block

Option Block 608: TSLA, FIT and BrokerMadness Champion


Listen Later

Trading Block: New 52-week highs (132 new highs today): Amazon Inc. (AMZN + $2.62 to $889.16), Red Hat Inc. (RHT + $0.88 to $87.33), Veeva Systems Inc. (VEEV + $0.01 to $51.29), Tesla (TSLA + $11. 11 to $289.41). Tesla Inc is now more valuable than Ford Motor Company, and could very well surpass General Motors Company this week. General Motors Co. (GM - $1.55 to $33.81), Ford Motor Company (F - $0.34 to $11.30).

Odd Block: Calls trade in iShares MSCI Hong Kong Index (EWH), puts trade in Fitbit Inc. (FIT) and calls trade in Carmax, Inc (KMX).

Mail Block: #Options #BrokerMadness finals ARE ON!

  • Who will claim the prize of your favorite broker: @OptionsHouse or @LSFinancial?
  • The Winner is - Lightspeed
  • Question from Game Day Dog - Aww man! My vertical put spread has gone bad. I have +3 options at 61.5 and sold -3 at 62.5 ... Yesterday it gapped down to 50. I now have +200 shares of LULU in my account +3 put options at 61.5 and -1 put option at 62.5. I thought it was a $300 max risk spread. Do I have to do anything? Do I sell the shares? Everything expires in 7 days. Please help. Thanks! So I learned about selling shares and back ratio spreads and even got an $19 credit.

Around the Block/This Week in the Market:

  • Apr 4: International Trade, Factory Orders
  • Apr 5: FOMC Minutes
  • Apr 6: Jobless Claims
  • Apr 7: Unemployment
...more
View all episodesView all episodes
Download on the App Store

The Option BlockBy The Options Insider Radio Network

  • 4.1
  • 4.1
  • 4.1
  • 4.1
  • 4.1

4.1

14 ratings


More shows like The Option Block

View all
Mad Money w/ Jim Cramer by CNBC

Mad Money w/ Jim Cramer

4,076 Listeners

CNBC's "Fast Money" by CNBC

CNBC's "Fast Money"

1,355 Listeners

Chat With Traders by Ian Cox and Tessa Dao

Chat With Traders

1,994 Listeners

The Option Alpha Podcast by Kirk Du Plessis

The Option Alpha Podcast

1,155 Listeners

Options Boot Camp by The Options Insider Radio Network

Options Boot Camp

179 Listeners

Options Insider Special Events by The Options Insider Radio Network

Options Insider Special Events

2 Listeners

Options Insider Radio Interviews by The Options Insider Radio Network

Options Insider Radio Interviews

6 Listeners

OICs Wide World of Options by The Options Insider Radio Network

OICs Wide World of Options

16 Listeners

Options Playbook Radio by The Options Insider Radio Network

Options Playbook Radio

47 Listeners

Volatility Views by The Options Insider Radio Network

Volatility Views

17 Listeners

The Advisors Option by The Options Insider Radio Network

The Advisors Option

3 Listeners

The Options News Rundown by The Options Insider Radio Network

The Options News Rundown

4 Listeners

Swing Trading the Stock Market by Ryan Mallory

Swing Trading the Stock Market

809 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,040 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,115 Listeners

The Crypto Rundown by The Options Insider Radio network

The Crypto Rundown

2 Listeners

Excess Returns by Excess Returns

Excess Returns

87 Listeners

Stock Market Options Trading by Eric O'Rourke

Stock Market Options Trading

297 Listeners

Ask The Compound by The Compound

Ask The Compound

324 Listeners

RiskReversal Pod by RiskReversal Media

RiskReversal Pod

804 Listeners

MRKT Matrix by RiskReversal Media

MRKT Matrix

177 Listeners

On The Tape with Danny Moses by RiskReversal Media

On The Tape with Danny Moses

163 Listeners

Stock Market Today With IBD by Investor's Business Daily

Stock Market Today With IBD

41 Listeners

The Futures Rundown by The Options Insider Radio Network

The Futures Rundown

0 Listeners

European Market Brief by Mark Longo

European Market Brief

0 Listeners