OB 853: Mysterious Puts and Infinite Covered Calls

• 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, Active Trader Strategy Desk 

TRADING BLOCK SEGMENT

• TRADE WAR OPTIMISM CONTINUES TO BOOST MARKET
• VIX 12.4 - DOWN .5
• VVIX: 89 - UP 1 FROM LAST SHOW
• VXX: 19 - UNCHD FROM LAST 
• MOST ACTIVE INDICES
• MOST ACTIVE EQUITY OPTIONS 

OTHER TRADING BLOCK DISCUSSION TOPICS

• Monday - Uber, Shake Shack, Hertz, Marriott, Groupon
• Tuesday - Chesapeake Energy, Allergan, Tapestry, Weight Watchers, Match
• Wednesday -   CVS Health, Roku, Qualcomm, fitbit, Wynn
• Thursday - Teva, Cardinal Health, AMC Entertainment, Walt Disney Company, Activision/Blizzard, Yelp
• Friday - Duke Energy

ODD BLOCK SEGMENT

• MEGA SPRINT CALL LOVE
• TEVA PUT LOVE
• KOHL’S CORP PUT LOVE

MAIL BLOCK 

• QUESTION FROM deletethisaccount1: I have a quick question for you, if your option contract becomes in the money and worth something can you sell it on friday of expiration? The example is a paper trade i did with sirius xm and had bought 6.5 calls at .07 (x10) and on earnings it was worth .23 (er was on thursday). on paper i sold but it went up another ten cents on friday. Would i have been able to sell that as long as there was a bid?
• QUESTION FROM NATCH: You guys see the infinite money covered call “glitch” on RobinHood? 

AROUND THE BLOCK

• WHAT’S ON YOUR RADAR FOR THE REST OF THE WEEK?  Trade deal, uber post lock up, spx at all time highs, silver and gold will be interesting to watch