Option Block 886: Market Intelligence, ITM Covered Calls and More

• HOST:  MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: MARK SEBASTIAN, THE OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
• CO-HOST: DAVID RUSSELL, TRADESTATION

TRADING BLOCK SEGMENT

• WORST WEEK SINCE 2008 FOR ALL MAJOR INDICES
• LIMIT DOWN ON SUNDAY NIGHT
• FED ANNOUNCING “UNLIMITED” ASSET PURCHASES
• NOW WE HAVE A FULLY ELECTRONIC MARKET
• ST. LOUIS FED TALKING ABOUT 30% UNEMPLOYMENT
• VIX: 68.30 - DOWN 8.3 FROM LAST SHOW
• VVIX: 182 - UP 5 FROM LAST SHOW
• VXX: 56 - DOWN 14 FROM LAST SHOW

ODD BLOCK

• CS CALL PALOOZA

STRATEGY BLOCK

• ONE POTENTIAL STRATEGY IN THIS ENVIRONMENT IS IN-THE-MONEY COVERED CALLS ON THE BIG INDEX ETFS.

MAIL BLOCK

• TRADESTATION CLIENT QUESTION OF THE WEEK? SOMETIMES I GET CONFUSED ABOUT STRATEGIES. IS THERE AN EASY WAY TO PLAN TRADES?

AROUND THE BLOCK

WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK?