Podcasts Business The Option Block Option Block 473: Behold the Power of Deo

Option Block 473: Behold the Power of Deo

Published: Oct. 27, 2015, 8:59 p.m.

Option Block 473: Behold the Power of Deo

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Trading Block: What is happening right now? Earnings! Before the bell today: Xerox Corporation. Wall Streets next test: Profits, data, and the Fed. The S&P 500 rallied 2.1% last week - its fourth consecutive week of gains. Once again, Apple is expected to fuel earnings. Gold rally brings out options bulls.

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Odd Block: Calls and puts trade in Diageo PLC (DEO), calls trade in the Coca-Cola Co. (KO), and calls trade in Mens Wearhouse Inc. (MW).

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Strategy Block: St. Charles awakens, andTosaw discusses his latest trading strategies.

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Mail Block: Listener questions and comments

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  • Question from Veg - I do not know much about options - apologize for my noobness. In August, during the mini crash, were traders selling premium in the equity options? If so, how does that work? Is the spread wide?
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Around the Block: What are we watching? Earnings! This week will be one of the busiest of the third-quarter earnings reporting season. Tuesday - Alibaba (before bell), Apple (after bell), Gilead Sciences (after bell), Jet Blue (before bell).