Option Block 505: Just Buy Upside Calls

Published: March 8, 2016, 7:18 p.m.

Trading Block: Goldman Sachs sees best time in two decades to buy S&P 500 calls. Traders are betting the Federal Reserve will next raise U.S. short-term interest rates about six weeks earlier than previously thought, after the government reported U.S. employers added many more jobs than expected in February. Earnings today after the bell: Shake Shack.

\n

Odd Block: Calls trade in Alcoa Inc. (AA), puts trade in Linn Energy LLC (LINE), and calls trade in VALE SA (VALE).

\n

Strategy Block: Uncle Mike Tosaw discusses getting back into a trade you got out of, that has continued to go your way since.

\n

Mail Block: Listener questions and comments

\n
    \n
  • Question from FlyGuy - Do I day trade options anymore?
  • \n
\n

Around the Block: Earnings!

\n
    \n
  • Tuesday - Barnes & Noble, Dick\u2019s Sporting Goods
  • \n
  • Wednesday - Vera Bradley
  • \n
\n

Thursday - Dollar General

\n
    \n
  • This Week in the Market:
  • \n
  • Mar 9: EIA Petroleum Report
  • \n
  • Mar 10: Jobless Claims, Treasury Budget
  • \n
  • Mar 11: Import and Export Prices
  • \n