Option Block 519: OptionsXpress CEO Joins the All-Star Panel

Published: April 29, 2016, 7:16 p.m.

Xpress Block: We have special guest co-host: Barry Metzger, CEO\nof optionsXpress. He discusses:

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  • The latest developments at OX.
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  • Interesting platform upgrades and tech overhauls
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  • What are the OX clients trading during the height of earnings\nseason?
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  • Any interesting customer questions/feedback?
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Trading Block: Options Traders Brace for Amazon Earnings. Amazon\nat $612.60. ATM straddle $49, approx. 8%. LinkedIn Corporation -\n$123. ATM straddle $16.20, approx. 13%. Earnings before the bell:\nCME, Coca-Cola, Ford Motor Company, Honda Motor Company, MasterCard\nIncorporated, MSCI Inc, Time Warner Cable, United Parcel Service,\nViacom Inc. It was a rough week for Apple - $96.20 today. Stock\ncrushed post-earnings, opened down $8.35 or 8%. Icahn bails out on\nApple stock. Nasdaq mulls new exchange to ease trading in illiquid\nETFs.

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Odd Block: Calls trade in Methanex Corp (MEOH), calls and stock\ntrade in Ebay Inc. (EBAY), and calls trade in KKR and Co.\n(KKR).

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Mail Block: Listener questions and comments

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  • Question from Mohammed - Hi Mark! The Options Insider website\nis superb resource for new and experienced options traders. I know\nyour weekly newsletter you folks you report significant/unusual\ndone options trading activity across stock and ETFs. After\nsearching on your site and overall online, I have found it quite\ndifficult to locate a website which details some of the terminology\nused when describing the large blocks traded (e.g. "price\nvariation"). If you could compile a glossary or an overview of how\nto view/assess options order flow that would be excellent. Keep up\nthe great work! Thanks.
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  • Question from Maha - How difficult is it to become a successful\noptions day trader?
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Around the Block: A review of after-hours prices for LNKD, AMZN.\nEarnings parade continues with CBOE and XOM. Will the Icahn dump of\nAAPL have a longer-term impact. Central bank flim flammery.