The Option Block

OPTION BLOCK 871: INTC WASTED CALLS PLUS UNCLE MIKE CANNABIS CRAZINESS

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

• VIX: 13.65 - UP 1.4
• VVIX: 93.65 - UP 3.3 FROM LAST SHOW
• VXX: 13.75 - UP .35 FROM LAST SHOW

ODD BLOCK

• INTEL EARNINGS DAY CALL LOVE
• CME LONG TERM PUT LOVE
• MEGA DHT MARCH CALL LOVE

STRATEGY BLOCK

• CANNABIS STOCK STRATEGY

AROUND THE BLOCK

WHAT'S ON OUR RADAR FOR THE REST OF THE WEEK?

Option Block 870: Crazy Calls and Even Crazier Dividends

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

• VIX: 12.25 - DOWN .25
• VVIX: 90.3 - UP 1.4 FROM LAST SHOW
• VXX: 13.4 - UP .5 FROM LAST SHOW
• FEATURED DISCUSSION OF VIX AND SPIKES

ODD BLOCK

• UNIT PUT LOVE
• MRNA CALL SALE
• MDT CALL LOVE

MAIL BLOCK

• QUESTION FROM BILL: HOPEFULLY YOU CAN GO OVER THIS NEXT WEEK BEFORE JAN 23. NLOK (AKA OLD SYMC ) IS PAYING A 12 SPECIAL DIVIDEND WITH EX DATE OF FEB 3RD, SO WHY ARE THE PUTS SO CHEAP? IF THE STOCK IS AROUND 26 BUCKS, WOULDN'T THE 25 OR 26 PUT BE SELLING FOR MORE THAN A BUCK IF WE ASSUME THE STOCK WILL DROP BY 12 BUCKS AFTER THE EX DATE? THANKS
• QUESTION FROM PAUL M. PAULINO: HELLO, WHAT IS THE OPTION STRATEGY I CAN TAKE IF THE CALL OPTION I BOUGHT DOES NOT GO AS PROJECTED, THAT IS, THE STOCK PRICE GOES DOWN INSTEAD OF GOING UP. OTHER THAN SELLING TO CLOSE THE CALL OPTION, IS THERE ANOTHER ACTION I CAN TAKE TO AVOID THE LOSS. WHEN CAN I HEAR YOUR ANSWER?

AROUND THE BLOCK

WHAT'S ON OUR RADAR FOR THE REST OF THE WEEK?

Option Block 869: The Ticks in VIX

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

• MARKETS RALLY AS MIDEAST TENSIONS EASE
• VIX: 12.5 - DOWN .35
• VVIX: 88.9 - DOWN .5 FROM LAST SHOW
• VXX: 13.9 - DOWN .5 FROM LAST SHOW
• FEATURED DISCUSSION OF TSLA AS IT WAS THE MOST ACTIVE EQUITY OPTION IN THE MORNING.
• ALSO COVERED AAPL, BYND, BABA, AMD, ROKU and FB.

ODD BLOCK

• REVIEW - KSS PUT LOVE
• REVIEW - MNK PUT LOVE
• FHN CALL LOVE

STRATEGY BLOCK

• ASSET ALLOCATION USING OPTIONS

AROUND THE BLOCK

WHAT'S ON OUR RADAR FOR THE REST OF THE WEEK?

Option Block 868: Back in Rally Mode

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

• MARKETS RALLY AS MIDEAST TENSIONS EASE:
• VIX: 12.85 - DOWN 1.65
• VVIX: 89.4 - DOWN OVER 4 FROM LAST SHOW
• VXX: 14.4 - DOWN .9 FROM LAST SHOW
• MOST ACTIVE EQUITY OPTIONS OF MORNING - AAPL

ODD BLOCK

• REVIEW - PUMP LINE IN THE SAND PUTS
• REVIEW - ADI OUT-OF-SEQUENCE RATIO RISK REVERSAL/STRANGLE
• REVIEW - BAKER HUGHES CALL OVERWRITE

MAIL BLOCK

• COMMENT FROM SHELDON JORDAN: @ETRADE I DIDN'T GET THE MEMO WHERE YOU DISABLE REAL TIME QUOTES IF MY ACCOUNT DROPS UNDER $1000. AT LEAST GIVE US AN OPTION TO PAY FOR REAL TIME STREAMING QUOTES IF OUR ACCOUNTS ARE LESS THAN $1000. CAN'T TRADE OPTIONS WITHE THE DELAYED QUOTES. Y'ALL DON'T WANT ME TO WIN! @OPTIONS. I'VE BEEN A CUSTOMER FOR YEARS. I GUESS THIS IS WHAT HAPPENS WHEN YOU GO TO THE FREE FORMAT. SORRY I JUST DIDN'T MAKE A LOT OF SENSE TO ME. I FIGURE IF I MAKE MONEY IT'S GOOD FOR YOU GUYS. SO WHY WOULD YOU GIVE ME DELAYED QUOTES TO IMPEDED THE PROCESS. @OPTIONS.
• QUESTION FROM DMITRY: HELLO GUYS, HAVE BEEN LISTENING TO YOU FOR YEARS. YOU ARE UNIQUE IN THE UPBEAT TONE AND AMOUNT OF DETAIL YOU ARE GOING INTO. UNTIL RECENTLY I WAS CONVINCED THAT WITH OPTIONS I COULD SYNTHESIZE ANY STOCK POSITION, HENCE THE QUESTION. I AM SETTING UP A VARIATION OF DOGS OF THE DOW STRATEGY WITH CALLS IN A REGISTERED ACCOUNT. ALL DOGS HAVE DIVIDENDS, WHICH I AM NOT GONNA GET AS I AM USING OPTIONS INSTEAD OF STOCK. IN A REGULAR ACCOUNT I WOULD HAVE JUST GONE WITH SELLING SOME SHORT TERM OTM CREDIT SPREADS TO SIMULATE THE DIVIDEND INCOME, BUT IN A REGISTERED ACCOUNT (IN CANADA) I CANNOT WRITE OPTIONS. THE ONLY WAY TO WRITE AN OPTION IN A REGISTERED ACCOUNT IN CANADA IS VIA A COVERED CALL, WHICH IS A WHOLE WHACK OF OTHER PROBLEMS IMHO, BUT THIS MEANS I NEED TO HAVE STOCK IN MY ACCOUNT. WHICH I EXPLICITLY DO NOT WANT TO. SO, WITHOUT MUCH UMBRAGE, CAN YOU PLEASE DISPENSE SOME LAST 2019'S WIT AND WISDOM UPON UNSUSPECTING OPTIONS AFICIONADOS UP NORTH WHERE TEMPERATURES NEVER RISE ABOVE FREEZING AND POLAR BEARS ARE COMMON PETS. ANYWAY I CAN SIMULATE THE DIVIDEND INCOME ALONG WITH MY LONG CALL POSITION? THANK YOU.
• QUESTION FROM CAMILLA: ANY OPTIONS PREDICTIONS FOR 2020?

AROUND THE BLOCK

WHAT'S ON YOUR RADAR FOR THE REST OF THE WEEK?

Option Block 867: Kicking Off A New Decade

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT

TRADING BLOCK SEGMENT

• MARKETS MIXED AS MIDEAST TENSIONS ESCALATE: APPARENTLY THE TRADE WAR WASN'T ENOUGH
• VIX: 14.5 - UNCHD
• VVIX: 93.65 - DOWN 6 FROM LAST SHOW
• VXX: 15.30 - DOWN .3 FROM LAST SHOW
• OPTIONS CLEARING CORPORATION NUMBERS IN FOR DECEMBER AND FOR ALL OF 2019

ODD BLOCK

• REVIEW - VIAC WEEKLY CALLS
• REVIEW - APA CALL LOVE

MAIL BLOCK

• QUESTION FROM OPTIONCBOE: HELLO, FIRST I WANTED TO SAY THANK YOU FOR PROVIDING THE BEST OPTIONS PODCASTS. TOP NOTCH AND EXTREMELY GRATEFUL FOR THEM. THERE ARE A LOT OF DIFFERENT OPTIONS OF PODCASTS THAT YOU GUYS OFFER. IF SOMEONE WANTED TO LEARN FROM A TO Z ABOUT OPTIONS WITH THE END RESULT LEARNING MORE ABOUT TRADING VOL THE OPTION PIT WAY. WHICH PODCAST SHOW WOULD YOU RECOMMEND. THERE ARE SO MANY EPISODES AND SHOW OPTIONS THAT I AM JUST CONFUSED ON WHERE TO START BUT ALSO WASN'T SURE ABOUT STARTING WITH EPISODES THAT ARE SEVERAL YEARS OLD. NOT THAT THEY ARE IRRELEVANT BUT MAYBE VIEWS HAVE CHANGED ON TRADING VOL NOW FROM THEN. IF YOU CAN HELP ME NARROW DOWN ON THE BEST SHOW AND EPISODE TO START WOULD BE MUCH APPRECIATED. I WANT TO START FROM THE BEGINNING AND LEARN IT ALL. THANK YOU AND I LOOK FORWARD TO HEARING FROM YOU AND THANKS AGAIN FOR OFFERING SUCH AN AMAZING PODCAST/WEBSITE.
• QUESTION FROM PLC4: IS THERE SUCH A THING AS TOO MUCH HEDGING? HOW MANY PUTS OR HOW MUCH OF MY PORTFOLIO SHOULD I ALLOCATE TOWARD THIS STRATEGY?

AROUND THE BLOCK

WHAT'S ON YOUR RADAR FOR THE REST OF THE WEEK?

OB 866: 2019 Review Spectacular Plus 2020 Predictions

It's our Year End Spectacular as we look back on a crazy 2019. Plus we venture boldly into the future with our predictions for 2020.

Additionally, in our Trading Block Segment, Fidelity provides technical analysis and options activity on NIO, TSLA, SVRA, and AAPL.

Enjoy!

OPTION BLOCK 865: REIT Put Palooza Redux Plus DNE Order Nuances

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• FIDELITY HOT SEAT: KONSTANTIN VRANDOPULO, TRADING STRATEGY DESK, FIDELITY BROKERAGE SERVICES LLC

TRADING BLOCK SEGMENT

• MARKETS RALLYING AFTER TRUMP IS IMPEACHED
• VIX: 12.7 - UP .2 FROM LAST SHOW
• VVIX: 99.75 - UP 1 FROM LAST SHOW
• VXX: 15 - EFFECTIVELY UNCHD FROM LAST SHOW
• TECHNICAL ANALYSIS AND OPTIONS ACTIVITY AT FIDELITY IN ITCI/ BA/ TSLA/ AAPL
• S&P IS THE DECADE'S RUNAWAY WINNER

ODD BLOCK

• REVIEW - NIKE PRE-EARNINGS CALL LOVE
• REVIEW - REIT PUT PALOOZA
• TO BE WATCHED - Macerich Co LITS PUTS

MAIL BLOCK

• QUESTION FROM FIDELITY CUSTOMER: What happens when you put DNE (Do Not Exercise) instructions on your option contracts?

AROUND THE BLOCK

WHAT'S ON YOUR RADAR FOR THE REST OF THE WEEK? LOOKING TO SEE HOW THE MARKETS CLOSE OUT 2019, JOBLESS CLAIMS ON THURSDAY

OPTION BLOCK 864: Where Is The Impeachment Premium?

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• FIDELITY HOT SEAT: KONSTANTIN VRANDOPULO, TRADING STRATEGY DESK, FIDELITY BROKERAGE SERVICES LLC

TRADING BLOCK SEGMENT

• MARKETS RALLYING AFTER TRUMP IS IMPEACHED
• VIX: 12.5 - UP .75 FROM LAST SHOW
• VVIX: 98.75 - UP 4.75 FROM LAST SHOW
• VXX: 15 - EFFECTIVELY UNCHD FROM LAST SHOW
• TECHNICAL ANALYSIS AND OPTIONS ACTIVITY AT FIDELITY IN MU, TSLA, RAD, AAPL
• XLE SUCKED THIS DECADE
• XLF BACK TO 2007

ODD BLOCK

• MID-MARKET VIAC WEEKLY CALLS
• DISCA LITS PUTS
• SKT ROLL TO JUNE

MAIL BLOCK

• QUESTION: When IV is at an extreme does that always suggest that premium buying is a bad idea?

AROUND THE BLOCK

WHAT'S ON YOUR RADAR FOR THE REST OF THE WEEK? LOOKING TO SEE HOW THE MARKETS CLOSE OUT 2019, GDP AND PERSONAL INCOME AND OUTLAYS TOMORROW MORNING

OPTION BLOCK 863: THE DANGERS OF SPY DIVIDENDS

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
• FIDELITY HOT SEAT: COLIN SONGER, TRADING STRATEGY DESK, FIDELITY BROKERAGE SERVICES LLC

TRADING BLOCK SEGMENT

• MARKETS RALLYING AFTER TRUMP TWEET ON TRADE DEAL
• BRITAIN VOTING YET AGAIN AROUND BREXIT
• VIX: 11.75 - DOWN 2.75 FROM LAST SHOW
• VVIX: 94 - DOWN 9.5 FROM LAST SHOW
• VXX: 14.90 - DOWN 1.7 FROM LAST SHOW
• TECHNICAL ANALYSIS AND OPTIONS ACTIVITY AT FIDELITY IN BA, AMRN, AAPL, ROKU, TSLA

ODD BLOCK

• NIKE PRE-EARNINGS CALL LOVE
• CORPORATE ACTION DRIVES PUT ACTION IN IFF
• MEDALLIA INC LITS PUTS

STRATEGY BLOCK

• THE DANGERS OF SPY DIVIDENDS

AROUND THE BLOCK

WHAT'S ON YOUR RADAR FOR THE REST OF THE WEEK?

• SPX 3200
• IMPEACHMENT VOTE THIS WEEK
• VIX BELOW 12

Option Block 862: Why Bother Puts

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
• FIDELITY HOT SEAT: TREY JARRELL, TRADING STRATEGY DESK, FIDELITY BROKERAGE SERVICES LLC

TRADING BLOCK SEGMENT

• MARKETS RALLYING AFTER TRUMP TWEET ON TRADE DEAL
• BRITAIN VOTING YET AGAIN AROUND BREXIT
• VIX: 14.5 - DOWN .25 FROM LAST SHOW
• VVIX:103.5 - UP 5.5 FROM LAST SHOW
• VXX: 16.6 - DOWN .4 FROM LAST SHOW
• TECHNICAL ANALYSIS AND OPTIONS ACTIVITY AT FIDELITY IN LULU, AMD, GE

ODD BLOCK

• CDEV LONG-TERM LINE IN THE SAND PUTS
• MLCO CALL LOVE
• AKRX PUT LOVE

MAIL BLOCK

• QUESTION FROM Erik Norstedt: Hi Guys,Great show! So with most big funds creating skew by selling calls and buying puts could traders not arbitrage the skew by buying calls and selling puts & having a short position in the underlying?
• QUESTION TEL8HJE: Why aren't there free commissions on options. Just $.65 for every contract?

AROUND THE BLOCK

WHAT'S ON YOUR RADAR FOR THE REST OF THE WEEK? COST and ORCL earnings