Published: Jan. 22, 2016, 8:11 p.m.
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Trading Block: Stocks rebound as Dow up more than 200 points and oil jumps 5%. Wall Street pay takes a hit, braces for deeper cuts. Yellen to keep Fed rate options open amid turbulent markets. Earnings today (Thursday):
- Before the bell: Southwest Airlines, Verizon Communications
- After the bell: American Express Company, E-Trade Financial Corporation
Odd Block: Calls trade in NewCastle Investment Corp. (NCT), puts trade in Anadarko Petroleum Corp (APC), and calls trade in United Parcel Service, Inc (UPS)
Mail Block: Listener questions and comments
- Question from AV56 - When is a good time to start trading options? Is there any certain time of the week or year that options traders are focused on?
- Question from Bob - I have heard pros sat that when too many retail jump into a trade then do the opposite. Does that apple to options as well?
- Question from Nina - Is this a good time to buy calls on indexes? If so, how far out should I trade?
Around the Block: Earnings! Friday - General Electric Company
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