Option Block 121: Degenerate Options Traders
Option Block 121: Degenerate Options Traders\n
Trading Block: Ho hum day on the street, but VIX makes it below 20 after much dancing in the area. Looking at a sleepy creep up of the general markets and for a dedicated selling of volatility. Uncle Mike\u2019s patience has paid off in Ford.\xa0 Mark rolls in the Wheel of Fun.\xa0 The gang fixes the issues with weeklys, but are the exchanges listening?\xa0\xa0 Playing around in earnings season.\xa0 Kodak throws in the towel and declares bankruptcy.\xa0
Odd Block:\xa0\xa0 Unusual activity in Safeway, Inc. (SWY).
Strategy Block:\xa0 Uncle Mike takes us through win-loss ratios. High probability does not equal guaranteed money. Premium selling is not an annuity; you still have to prepare for risk.
Around the Block:\xa0 Earnings dominating the horizon.