OB 853: Mysterious Puts and Infinite Covered Calls

Published: Nov. 8, 2019, 12:26 a.m.

b'

OB 853: Mysterious Puts and Infinite Covered Calls

  • HOST:\\xa0 MARK LONGO, THE OPTIONS INSIDER
  • CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
  • CO-HOST:\\xa0 MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
  • FIDELITY HOT SEAT:\\xa0 Colin Songer, Active Trader Strategy Desk\\xa0

TRADING BLOCK SEGMENT

  • TRADE WAR OPTIMISM CONTINUES TO BOOST MARKET
  • VIX 12.4 - DOWN .5
  • VVIX: 89 - UP 1 FROM LAST SHOW
  • VXX: 19 - UNCHD FROM LAST\\xa0
  • MOST ACTIVE INDICES
  • MOST ACTIVE EQUITY OPTIONS\\xa0

OTHER TRADING BLOCK DISCUSSION TOPICS

  • Monday - Uber, Shake Shack, Hertz, Marriott, Groupon
  • Tuesday - Chesapeake Energy, Allergan, Tapestry, Weight Watchers, Match
  • Wednesday -\\xa0 \\xa0CVS Health, Roku, Qualcomm, fitbit, Wynn
  • Thursday - Teva, Cardinal Health, AMC Entertainment, Walt Disney Company, Activision/Blizzard, Yelp
  • Friday - Duke Energy

ODD BLOCK SEGMENT

  • MEGA SPRINT CALL LOVE
  • TEVA PUT LOVE
  • KOHL\\u2019S CORP PUT LOVE


MAIL BLOCK\\xa0

  • QUESTION FROM deletethisaccount1: I have a quick question for you, if your option contract becomes in the money and worth something can you sell it on friday of expiration? The example is a paper trade i did with sirius xm and had bought 6.5 calls at .07 (x10) and on earnings it was worth .23 (er was on thursday). on paper i sold but it went up another ten cents on friday. Would i have been able to sell that as long as there was a bid?
  • QUESTION FROM NATCH: You guys see the infinite money covered call \\u201cglitch\\u201d on RobinHood?\\xa0

AROUND THE BLOCK

  • WHAT\\u2019S ON YOUR RADAR FOR THE REST OF THE WEEK?\\xa0 Trade deal, uber post lock up, spx at all time highs, silver and gold will be interesting to watch

\\xa0

'