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Option Block 787: A New Era For The Option Block

The Option Block
The Option Block
Episode • Mar 11, 2019 • 58m

TRADING BLOCK

Co-Host: Trey Jarrell, Fidelity Trading Strategy Desk

Most active indices: VIX - 224k, SPY - 1.06M, SPX: 432k

Most active equity options: LLY, AAPL, BA, FB, ELAN, GE, NIO, AMD, NVDA, TSLA

Boeing shares tumble 9% after deadly crash of popular 737 jet.

 

 

 

 

ODD BLOCK

Call activity in QuinStreet Inc (QNST) - from Feb 7

Harvesting risk premium in Plains GP Holdings LP(PAGP) - from Feb 4

More risk premium harvesting in Canadian Pacific Railway Ltd (CP) - from Feb 4

 

 

 

STRATEGY BLOCK

Uncle Mike Tosaw discusses the cover call strategy.

 

 

 

MAIL BLOCK

#QOTW: Everyone in our audience thought 2019's #options volume would eclipse 2018's record volume. But, through February, ADV is down nearly 19% from last year. 2019 is still young so we thought we'd take your pulse again  - will 2019 beat 2018's record  5.1B #options contracts?

69% - Yes

31% - No

Question from Fidelity Client - As an options seller, is it better to close out of my options positions early or let them expire worthless?

 

 

 

 

AROUND THE BLOCK

This Week in the Market:

Mar 11 - Retail Sales

Mar 12 - CPI

Mar 13 - Durable Goods, PPI

Mar 14 - Jobless Claims, Import and Export Prices

Mar 15 - Industrial Production, Consumer Sentiment

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