Podcasts Business The Option Block Option Block 192: Earnings Palooza

Option Block 192: Earnings Palooza

Published: Oct. 19, 2012, 4:28 p.m.

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Option Block 192: Earnings Palooza

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Trading Block:\xa0 GOOG earnings announced early, although no one is sure why.\xa0 Today is an earnings-palooza: AMD, LUV, MSFT, NOK, VZ all after the bell.

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Odd Block: Is McGraw-Hill Topped Out? (MHP); puts rolled on Sprint Nextel (S); volatility purchased on Hertz Global (HTZ).

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The Mail Block: You ask. We answer.

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  • EMAIL FROM TED, WASHINGTON:\xa0\u201cI know you guys have touched on this a long time ago, but I can\u2019t find the episode and I\u2019m not sure if there was ever an answer. My question is - how do you execute a ratio spread using Xtend? I\u2019ve been trying all morning to execute a simple 1x2 put spread (buy 1, sell 2) all morning, yet when i select put spread from the Xtend dropdown menu in the order ticket, it defaults to having the legs be the same size. Whenever I try to change the size of one leg, it automatically adjusts the other. None of the other selections in the dropdown seem to work and I don\u2019t see a selection for \u201cratio spread.\u201d Is there a way to do this? If not, can ox please add a dropdown for ratio spreads in Xtend. Thanks. Been a fan of the show since it launched and an ox customer for about a year, mostly because of this show.
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  • RELATED EMAIL QUESTION FROM FINN:\xa0I know Mark L. loves iron butterflies. How do I trade those using Xtend? I don\u2019t see an option for those in the trade ticket?
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  • EMAIL FROM Todd in MN:\xa0Hi guys, love you, love the show... A question for the listener mail segment-- I'd be honored if you read it. What's the most effective way for a retail investor to hedge an x% decline in the overall market? Some guesses:
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  1. - buy a back month vertical put spread or single long put on $SPY and let simmer?
    2. \n
  2. - buy a vertical call spread on $VIX and manage it closely?
    3. \n
  3. - C) none of the above?
    4. \n
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Xpress Block: Trading picks up in VIX.\xa0 Sebastian pontificates.

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Around the Block: Earnings. Earnings. Earnings. FB, NFLX, ZNGA, and AMZN coming up.

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\xa0

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Option Block 192: Earnings Palooza

\n

Trading Block:\xa0 GOOG earnings announced early, although no one is sure why.\xa0 Today is an earnings-palooza: AMD, LUV, MSFT, NOK, VZ all after the bell.

\n

Odd Block: Is McGraw-Hill Topped Out? (MHP); puts rolled on Sprint Nextel (S); volatility purchased on Hertz Global (HTZ).

\n

The Mail Block: You ask. We answer.

\n
    \n
  • EMAIL FROM TED, WASHINGTON:\xa0\u201cI know you guys have touched on this a long time ago, but I can\u2019t find the episode and I\u2019m not sure if there was ever an answer. My question is - how do you execute a ratio spread using Xtend? I\u2019ve been trying all morning to execute a simple 1x2 put spread (buy 1, sell 2) all morning, yet when i select put spread from the Xtend dropdown menu in the order ticket, it defaults to having the legs be the same size. Whenever I try to change the size of one leg, it automatically adjusts the other. None of the other selections in the dropdown seem to work and I don\u2019t see a selection for \u201cratio spread.\u201d Is there a way to do this? If not, can ox please add a dropdown for ratio spreads in Xtend. Thanks. Been a fan of the show since it launched and an ox customer for about a year, mostly because of this show.
    • \n
\n
    \n
  • RELATED EMAIL QUESTION FROM FINN:\xa0I know Mark L. loves iron butterflies. How do I trade those using Xtend? I don\u2019t see an option for those in the trade ticket?
    • \n
\n
    \n
  • EMAIL FROM Todd in MN:\xa0Hi guys, love you, love the show... A question for the listener mail segment-- I'd be honored if you read it. What's the most effective way for a retail investor to hedge an x% decline in the overall market? Some guesses:
    • \n
\n
    \n
  1. - buy a back month vertical put spread or single long put on $SPY and let simmer?
    2. \n
  2. - buy a vertical call spread on $VIX and manage it closely?
    3. \n
  3. - C) none of the above?
    4. \n
\n

Xpress Block: Trading picks up in VIX.\xa0 Sebastian pontificates.

\n

Around the Block: Earnings. Earnings. Earnings. FB, NFLX, ZNGA, and AMZN coming up.

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\xa0

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