avatar

Option Block 270: Looking Behind the Curtain

The Option Block
The Option Block
Episode • Aug 23, 2013 • 52m

Option Block 270: Looking Behind the Curtain

Trading Block: NASDAQ halts trading today over tech glitch. Many big names were impacted. Goldman Sachs screws up JPM options trading. Question from T_Pal: Should I be concerned about the wave of technology problems impacting the market? Can they impact my trading? Saw Mark L. quoted a lot of this. What's his take?

Odd Block: Calls trade in Express, Inc. (EXPR), calls and puts trade in Accuray Incorporated (ARAY), and calls trade in Uranium Energy Corp. (UEC)

Strategy Block: Uncle Mike Tosaw discusses the situation of a covered call moving in the money and the ways in which to think about it.

Around the Block: A hopefully glitch-free week. Looking ahead to see what may be coming out of Washington.

Switch to the Fountain App