Best of Option Block: Does a High Skew Signal the Zombie Apocalypse

Published: Oct. 10, 2017, 6:33 p.m.

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Recorded on March 20, 2017, this Best of Option block looks back on when the SKEW index finally popped.

Posted March 21st, 2017

Trading Block: Apple continues to rally. NASDAQ touches fresh intra-day record, but stocks fight for traction. CBOE Skew Index trending higher. It\'s about time.

Odd Block: Puts trade in GameStop Inc. (GME), call spreads trade in FireEye Inc. (FEYE) and puts trade in Grupo Televisa SAB (TV).

Mail Block: Polls, upsets, questions, and more.

Options #BrokerMadness tournament going on now.

  • Tough battle today in #options #BrokerMadness as @optionsXpress takes on @IBKR, Who will emerge to take on @TradingBlock?
  • @LSFinancial crushing @tradier

Options #QuestionoftheWeek: In #BrokerMadness spirit, lets bring the fight to exchanges. What is your fav? Where do you send your business?

  • CBOE/BATS
  • NYSE/Arca/AMEX
  • NASDAQ/PHLX/ISE
  • Other: BOX,MIAX, etc

Listener question:

  • Question from JVao - Sell put + buy call = long delta exposure = cheaper than buying the underlying = maximizing skew = why does everyone not do this?

Around the Block: What\'s coming up this week?

Earnings!

  • Tuesday - Nike, FedEx
  • Thursday- GameStop

This week in the market:

  • Mar 22: Existing Home Sales
  • Mar 23: Jobless Claims, New Home Sales
  • Mar 24: Durable Goods
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