Option Block 415: How to Play the Lottery

Published: March 13, 2015, 4:51 p.m.

Option Block 415: How to Play the Lottery

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Trading Block: Nasdaq enters energy futures trading to compete with CME, ICE. Lumber Liquidators\u2019 stock soars after company offers business update. Shake Shack gets burned: Stock falls 7%. Earnings today before the bell Dollar General reported record fourth quarter and full year 2014 financial results. After the bell includes Aeropostale Inc. and ULTA Beauty. \xa0\xa0

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Odd Block: Calls go up Steel Dynamics, Inc. (STLD), combos trade in Pinnacle Entertainment, Inc. (PNK), and combos trade in International Business Machines (IBM)

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Xpress Block: Alex discusses the OX Idea Hub.

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Strategy Block: Some fun stories about not playing the lottery.

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Mail Block: Listener questions and comments

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  • Question from Mark Brant - Do block trades show up on the retail brokerages position ledgers as volume and OI?
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  • Question from Fred - What is the best way to use an option to speculate on the S&Ps intraday movement?
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Around the Block: Watching the sovereign 10-years, VIX, higher Dow. What about the price of oil? Will the contagion spread? Fed. Fed. Fed. Can we get off the road to nowhere?

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