avatar

Option Block 519: OptionsXpress CEO Joins the All-Star Panel

The Option Block
The Option Block
Episode • Apr 29, 2016 • 1h 5m

Xpress Block: We have special guest co-host: Barry Metzger, CEO of optionsXpress. He discusses:

  • The latest developments at OX.
  • Interesting platform upgrades and tech overhauls
  • What are the OX clients trading during the height of earnings season?
  • Any interesting customer questions/feedback?

Trading Block: Options Traders Brace for Amazon Earnings. Amazon at $612.60. ATM straddle $49, approx. 8%. LinkedIn Corporation - $123. ATM straddle $16.20, approx. 13%. Earnings before the bell: CME, Coca-Cola, Ford Motor Company, Honda Motor Company, MasterCard Incorporated, MSCI Inc, Time Warner Cable, United Parcel Service, Viacom Inc. It was a rough week for Apple - $96.20 today. Stock crushed post-earnings, opened down $8.35 or 8%. Icahn bails out on Apple stock. Nasdaq mulls new exchange to ease trading in illiquid ETFs.

Odd Block: Calls trade in Methanex Corp (MEOH), calls and stock trade in Ebay Inc. (EBAY), and calls trade in KKR and Co. (KKR).

Mail Block: Listener questions and comments

  • Question from Mohammed - Hi Mark! The Options Insider website is superb resource for new and experienced options traders. I know your weekly newsletter you folks you report significant/unusual done options trading activity across stock and ETFs. After searching on your site and overall online, I have found it quite difficult to locate a website which details some of the terminology used when describing the large blocks traded (e.g. "price variation"). If you could compile a glossary or an overview of how to view/assess options order flow that would be excellent. Keep up the great work! Thanks.
  • Question from Maha - How difficult is it to become a successful options day trader?

Around the Block: A review of after-hours prices for LNKD, AMZN. Earnings parade continues with CBOE and XOM. Will the Icahn dump of AAPL have a longer-term impact. Central bank flim flammery.

Switch to the Fountain App