The Option Block

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: ANDREW GIOVINAZZI/MARK SEBASTIAN, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
• FIDELITY HOT SEAT: TREY JARRELL, Active Trader Strategy Desk - ATS East

TRADING BLOCK SEGMENT

• IMPEACHMENT VOL PREMIUM IS IN THE AIR.

• VIX: 16.85 - UP 1.7 FROM LAST SHOW

• VVIX: 101.5 - UP 1 FROM LAST SHOW

• VXX: 24- UP 1. FROM LAST SHOW - SO MUCH WASTED MONEY ON VXX OI LAST FRIDAY

ODD BLOCK

• CHECKING IN ON THAT EARNINGS CALL SWEEP IN NIKE
• CHECKING IN ON DISH CALL PALOOZA
• KBH HAS HIGHEST OPTIONS VOLUME/20-DAY AVERAGE

MAIL BLOCK

• QUESTION FROM VRNQEET: Hi where is market heading on Monday
• QUESTION FROM Kevin Duggan: SPY paid a dividend today and is trading 67 cents lower this morning but, my SPY Calls are actually 6 cents higher. I expected them to fall! Can you please help me understand why the Calls are not down? Thanks!
• QUESTION FROM Louis_Winthorpe_III: I'm in $CLDR call options. Let's do a review.
• QUESTION FROM NELSON: Is it realistic to always have a long put against an equity portfolio or is that just too much drag on returns? I've approached this with a few clients and had some embrace it and others push back against the cost.

OB 840: A Shiny Bauble For Your Sweetheart

• HOST: MARK LONGO, THE OPTIONS INSIDER
• CO-HOST: ANDREW GIOVINAZZI/MARK SEBASTIAN, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
• FIDELITY HOT SEAT: Colin Songer, Active Trader Strategy Desk - ATS East

TRADING BLOCK SEGMENT

• SEEMED LIKE THE VOLATILITY WORM WAS TURNING ON FRIDAY.
• VIX 15.15 - UP 1.3 FROM LAST SHOW
• VVIX: 100.5 UP 4 FROM LAST SHOW
• VXX: 23- UP 1.2 FROM LAST SHOW - SO MUCH WASTED MONEY ON VXX OI LAST FRIDAY
• FIDELITY REVIEW?: ROKU- 48% buys 52% sells, new sophisticated measurement tools on tv, last trade 109.59 +1.54 (1.47%), below 20 and 50 but still above its 200 ma (down over 30% since high on 9/9). Volume call to put ratio is sitting at 1 call to 1.25 puts vs. 1.23 calls to 1 put for 90 day average. Amzn- 63% buys 37% sells, 1788.00 -6.16 (-.34%), sitting on 200 ma but below its 20 and 50 and 20 below 50. Call to put ratio is about the sameNflx- 47% buys 53% sells, 264.41 -6.41 (-2.36%), below all major ma. Not at year low of 231.23 which was created 12/26. Volume call to put ratio is 1 call to 1.25 put traded compared to 1.2 calls to 1 put for 90 day average volume. Aapl- 51% buys 49% sells, looking to make new mac pro pcs in us after some tariff exemptions to lower cost of imported components, 219.14 + 1.41 (.61%), above all its major ma, volume call to put ratio is 1.73 calls to every 1 put traded vs. 1.22 call to 1 put of the 90 day average. Tvix- 46% buy 54% sells, 12.80 -.30 (-2.29%), close to its 52 week low that was created just two days ago on 9/19, below all its major moving averages.
• MOST ACTIVE INDICES
• MOST ACTIVE EQUITY OPTIONS

ODD BLOCK

• ADI OUT-OF-SEQUENCE RATIO RISK REVERSAL
• PRE-EARNINGS NIKE CALL SWEEP
• DBX EARNINGS LITS PUTS

STRATEGY BLOCK

• Don't ignore the overall exposure of your positions (overleveraging) aka you can be assigned if even slightly otm. Careful about getting greedy

AROUND THE BLOCK

• WHAT'S ON YOUR RADAR FOR THE REST OF THE WEEK?
• GDP and how repo works itself out. Silver going to make its way back up to its high, spx going to break through that high or fail.

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
• FIDELITY HOT SEAT: KONSTANTIN VRANDOPULO, ACTIVE TRADER STRATEGY DESK, FIDELITY BROKERAGE SERVICES LLC

THE TRADING BLOCK

• MARKETS RECOVERED FROM SAUDI OIL ATTACK - SPOOKED BY THE FED THOUGH
• VIX 13.85 - DOWN 1 FROM LAST SHOW
• VVIX: 96.6 - DOWN 4 FROM LAST SHOW
• VXX: 21.8 - DOWN 1.6 FROM LAST SHOW
• MARK/ANDREW REVIEW?
• MIKE REVIEW?
• FIDELITY REVIEW?: ROKU/ MSFT/ AAPL/ X (technicals and options activity)

THE ODD BLOCK

• ATUS CALL LOVE
• UNFI PUT ROLL
• ATHM LITS PUTS

MAIL BLOCK

• QUESTION FROM Barrett Wade @BarrettWade3 - Hey there. Do you guys have a rule of thumb to keep from overpaying for an option?

AROUND THE BLOCK

• SPX levels and GDP/ jobless claims at the end of next week.

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

THE TRADING BLOCK

• MARKETS SPOOKED BY SAUDI OIL ATTACK
• VIX 14.85 - UP .75 FROM LAST SHOW
• VVIX: 100.6 - UP 5 FROM LAST SHOW
• VXX: 23.4 - UNCHD FROM LAST SHOW

THE ODD BLOCK

• BP CALL EXPLOSION
• DISH CALL PALOOZA
• STRANGE ITM IGT CALL PRINT

STRATEGY BLOCK

• Is it better to trade outright for smaller size or larger size via spreads.

MAIL BLOCK

• FIDELITY CLIENT QUESTION OF THE WEEK: If I'm looking to trade a specific market, is it better to trade an option on an etf that tracks that market or to just trade the underlying index?

AROUND THE BLOCK

• Saudis, Saudis, Saudis...oh and the Fed.

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

THE TRADING BLOCK

• MARKETS BACK IN RALLY MODE AFTER A CRAZY WEEK
• VIX: 14.15 - DOWN 1.15 FROM LAST SHOW
• VVIX: 95.5 - UP 2.35 FROM LAST SHOW
• VXX: 23.4 - DOWN 1.1 POINTS FROM LAST SHOW
• MARK/ANDREW REVIEW?
• MIKE REVIEW?
• FIDELITY REVIEW? AAPL, ACB, ROKU, TVIX, T

THE ODD BLOCK

• MYLAN NV PUTS
• DXC TECHNOLOGY COMPANY PUT LOVE
• NVO OCT PUT LOVE

MAIL BLOCK

• JOE AND LINDA LOVE UNCLE MIKE: Yo Mark! First of all Linda says Hi! And Happy Belated Birthday! Hers is the same day. My question is for Uncle Mike though. He talks about rule number 1 and rule number 2 of Credit Spreads and I was curious if increasing the Delta exposure of the long side of the spread is another way of dealing with the Short Side being ITM. I have tried that with some success and wanted to know if I will eventually get bit? Thanks Again for all you guys do! Joe

AROUND THE BLOCK

• What is on our radar for the rest of the week? SPX hold 3K?, Strong rallies in RUT and DJT, gold and silver continue trucking along, Fed Meeting next week.

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

THE TRADING BLOCK

• MARKETS BACK IN RALLY MODE AFTER A CRAZY WEEK

• VIX 15.25 - DOWN .5 FROM LAST SHOW

• VVIX: 93.15 - DOWN 1.85 FROM LAST SHOW

• VXX: 24.5 - DOWN .8 POINTS FROM LAST SHOW

• ANDREW REVIEW?

• MIKE REVIEW?

• FIDELITY REVIEW?: T/ ROKU/ AAPL (technicals and options activity)
• AND MORE…

THE ODD BLOCK

• TLRD PUT LOVE
• ETSY LITS PUTS
• RCII CALL LOVE

STRATEGY BLOCK

• What to do when your long calls make money quicker than you originally anticipated.

AROUND THE BLOCK

• What is on our radar for the rest of the week?

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

THE TRADING BLOCK

• MARKETS BACK IN RALLY MODE AFTER A CRAZY WEEK
• VIX 15.75 - DOWN 2.5 FROM LAST SHOW
• VVIX: 95 - DOWN 6.5 FROM LAST SHOW
• VXX: 25.3 - DOWN 1.7 POINTS FROM LAST SHOW
• TOP 10 MOST ACTIVE EQUITY OPTIONS
• INDEX OPTION VOLUME BREAKDOWN
• OCC AUGUST CLEARED VOLUME UP 10.3 PERCENT
• AND MORE…

THE ODD BLOCK

• CRUSHING MET CALLS
• TPR CALL LOVE
• ATUS CALL LOVE

STRATEGY BLOCK

AROUND THE BLOCK

• What is on our radar for the rest of the week?

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

THE TRADING BLOCK

• MARKETS BACK IN RALLY MODE AFTER A CRAZY LAST WEEK
• VIX 18.25 - DOWN 2.5 FROM LAST SHOW
• VVIX: 101.5 - DOWN 9 FROM LAST SHOW
• VXX: 27 - DOWN 1.5 POINTS FROM LAST SHOW
• MARK/ANDREW REVIEW?
• MIKE REVIEW?
• FIDELITY REVIEW?: TVIX/ AMZN AAPL/ BBY
• TOP 10 MOST ACTIVE EQUITY OPTIONS
• INDEX OPTION VOLUME BREAKDOWN
• AND MORE…

THE ODD BLOCK

• REVIEW GPRO CALL LOVE
• ITW LINE IN THE SAND PUTS
• RLGY PUT LOVE

MAIL BLOCK

• QUESTION FROM STEVJ556: ANY NEWS ON YELP? LOOKS LIKE SOMEBODY KNOWS SOMETHING.
• QUESTION FROM GUY MCCLOSKEY: WHAT ARE YOUR THOUGHTS ON $PCG?

AROUND THE BLOCK

• What is on our radar for the rest of the week? ULTA ER 08/29/19 after the close, Personal income and outlays 08/30/19 8:30 am ET

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
• FIDELITY HOT SEAT: TREY JARRELL FROM FIDELITY'S TRADING STRATEGY DESK

THE TRADING BLOCK

• MARKETS BACK IN RALLY MODE AFTER A CRAZY LAST WEEK
• VIX 20.75 - UP 3.75 FROM LAST SHOW
• VVIX: 110.5 - UP 10.5 FROM LAST SHOW
• VXX: 28.5 - UP NEARLY 3 POINTS FROM LAST SHOW
• MARK/ANDREW REVIEW?
• MIKE REVIEW?
• FIDELITY REVIEW?: AAPL, AMZN, ROKU, and SHOP
• TOP 10 MOST ACTIVE EQUITY OPTIONS
• INDEX OPTION VOLUME BREAKDOWN
• AND MORE…

THE ODD BLOCK

• BED LONG-TERM LITS PUTS
• LONG-TERM PUT LOVE IN AXL
• FGEN JAN CALL LOVE

STRATEGY BLOCK

• Breaking down when to roll up your short calls.

MAIL BLOCK

• QUESTION FROM Robert Stoute: Mark, Just a little about the option trades/strategy that I use. I trade the Short Put Verticals and have been doing well but am getting hammered on the max losses. I am looking to get into other strategies that has a better win/loss ratio. A friend mentioned that your show and contacts would be helpful to me.

AROUND THE BLOCK

• What is on our radar for the rest of the week?

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
• FIDELITY HOT SEAT: KONSTANTIN VRANDOPULO, FIDELITY ACTIVE TRADER STRATEGY DESK

THE TRADING BLOCK

• VIX: 17 - UNCHANGED FROM LAST SHOW

• VVIX: 100 - DOWN 3 FROM LAST SHOW

• VXX: 25.8 - DOWN .7 POINTS FROM LAST SHOW

• MARK/ANDREW REVIEW?
• MIKE REVIEW?
• WHAT ARE FIDELITY'S CUSTOMERS TRADING TODAY - SPLK/ TVIX/ AAPL/ TGT/ JWN
• TOP 10 MOST ACTIVE EQUITY OPTIONS
• INDEX OPTION VOLUME BREAKDOWN
• AND MORE…

THE ODD BLOCK

• SRE UPSIDE CALL PREMIUM HARVESTING
• FOX CALL LOVE
• AEO CALL LOVE

MAIL BLOCK

• QUESTION FROM FIDELITY CUSTOMER: VIX is up (x) amount and I am trading TVIX long that is supposed to be 2x VIX, why am I not up more sometimes even down money?

AROUND THE BLOCK

• What is on our radar for the rest of the week? - Presser from Jackson Hole and its effect on US treasuries and equity markets Friday, CRM er after the close and BBY earnings on 8/29