Recorded on March 20, 2017, this Best of Option block looks back on when the SKEW index finally popped.

Posted March 21st, 2017

Trading Block: Apple continues to rally. NASDAQ touches fresh intra-day record, but stocks fight for traction. CBOE Skew Index trending higher. It's about time.

Odd Block: Puts trade in GameStop Inc. (GME), call spreads trade in FireEye Inc. (FEYE) and puts trade in Grupo Televisa SAB (TV).

Mail Block: Polls, upsets, questions, and more.

Options #BrokerMadness tournament going on now.

• Tough battle today in #options #BrokerMadness as @optionsXpress takes on @IBKR, Who will emerge to take on @TradingBlock?
• @LSFinancial crushing @tradier

Options #QuestionoftheWeek: In #BrokerMadness spirit, lets bring the fight to exchanges. What is your fav? Where do you send your business?

• CBOE/BATS
• NYSE/Arca/AMEX
• NASDAQ/PHLX/ISE
• Other: BOX,MIAX, etc

Listener question:

• Question from JVao - Sell put + buy call = long delta exposure = cheaper than buying the underlying = maximizing skew = why does everyone not do this?

Around the Block: What's coming up this week?

Earnings!

• Tuesday - Nike, FedEx
• Thursday- GameStop

This week in the market:

• Mar 22: Existing Home Sales
• Mar 23: Jobless Claims, New Home Sales
• Mar 24: Durable Goods