Option Block 522: Options Civil War

Published: May 10, 2016, 8:29 p.m.

b"

Trading Block: Options Civil War: Which side are you on? Earnings today before the bell: Tyson Foods, Liberty Media Group, Sothebys. Traders on edge as Staples-Office Depot deal decision looms. Are markets more sensitive to the Fed these days? Stocks to watch: LendingClub, Krispy Kreme, Freeport-McMoRan, Valeant.

Odd Block: Call roll in American Capital LTD (ACAS), buying time call stupid in Nokia Corp (NOK), and put spread buyers in JPMorgan Alerian MLP Index (AMJ).

Strategy Block: Tosaw discusses long-dated covered call writing

Mail Block: Which Team are you on?

  • 29% - Team Cap
  • 71% - Team Iron Man

Listener questions:

  • Question from 777 - Have you heard any rumors that CME or CBOE will be acquired by a bank or insurance company?
  • Question from SkyTrader - If I see a trend, what spread works best for capturing that spread - straight vertical or calendar?

Around the Block: This week the big retailers take the earnings stage, and names include:

  • Tuesday - Electronic Arts, Walt Disney Company, Dean Foods, Credit Suisse, Allergan
  • Wednesday - Macy's, Wendy's
  • Thursday - Kohls (before bell), Nordstrom (after bell), Shake Shack
  • Friday - JC Penney, Honda
"