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.