avatar

Option Block 569: The Musical Halloween Spooktacular

The Option Block
The Option Block
Episode • Nov 1, 2016 • 1h 3m

Trading Block: The tumultuous presidential election could peak the VIX today. Emotional uncertain about the election? Stick to your investing plan.

Odd Block: Calls trade in Metlife Inc. (MET), calls and puts trade in Holly Frontier Corp (HFC) and puts trade in Encana Corp (ECA).

Mail Block/ Options #QuestionOfTheWeek:

Special #Earnings, #Election, #WorldSeries edition $FB ATM strd=$7.30 $VIX=17.20. Which outcome is most likely?

  • $VIX > 20 before election
  • $FB beats ATM Straddle
  • @realDonaldTrump wins
  • @Cubs win World Series

Listener questions

  • Question from Nickel 45: Your talk of the P&G and COTY arb had my head spinning. So I did some research and came across terms like "put squeeze" and "GEX." Now my head is spinning even more. I included one of the links below for clarification. Is this stuff accurate or just noise? Thx.
  • Question from PFC11: Whats up with $PG/Coty options arb? Any updates?
  • Question from Barncat: I guess this is for the Options House crew. I am an Etrade customer but I am not happy with their platform. I have been thinking about making the switch to your firm for a few months. Will my account automatically switch over to Options House after the merger or I should I switch it manually now?

Around the Block/Earnings Highlights this Week:

  • Tuesday - Pfizer
  • Wednesday - Alibaba, Facebook
  • Thursday - Starbucks
  • Friday - Berkshire Hathaway

Switch to the Fountain App