Option Block 479: Stretching Deltas

Published: Nov. 17, 2015, 7:41 p.m.

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Trading Block: Rally Ho post Paris.\\xa0U.S. stocks rise slightly as markets see muted reaction to Paris attacks. Getting Bullish on Yahoo! Heavy call action today. Getting bullish on Bank of America (BAC).

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Odd Block: Puts trade in TJX Companies Inc (TJX), calls trade in Lions Gate Entertainment Corp (LGF), and dalls trade in Burlington Stores Inc. (BURL).

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Strategy Block: Tosaw discusses how he has stretched deltas since October 26.

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Mail Block: Listener questions and comments

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  • Question from Carmine - Hi guys, awesome site, great info Since I actually think you guys are for real, I have a simple question. I have just put my toes into options, I know I need help in education, but there are so many places that are more interested in taking your money than helping you. So I am asking you guys, where do you think is a good place to go and learn the simple things at first, such as, when, why, and how to use spreads, or maybe not use them. To day trade or not? I am hungry, with a small account. I am asking for your help. Thank you.
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Around the Block: The earnings spotlight is on Wal-Mart and other retail giants this week. Also, numbers!

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  • Nov 17: Consumer Price Index, Industrial Production
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  • Nov 18: Housing Starts, FOMC Minutes
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  • Nov 19: Jobless Claims
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