Option Block 530: Option Block from a Train
Trading Block: VIX remains somewhat muted heading into FOMC new week as well as Brexit the following week. Billionaire George Soros returns as a Brexit bear. He's also loading up on gold and GLD options, SPY puts.
Odd Block: Calls trade in Market Vectors Oil Services ETF (OIH), calls trade in AT&T (T), and calls trade in Marathon Petroleum Corp (MPC).
Mail Block: Listener questions and comments
- Question from JMFarrare: Do you guys have a service that alerts on unusual options activity in the mornings on a daily basis? If not can you direct me to someone that does? Thanks, your website is great!
- Question from 777: What adjustments should I make when trading options on expensive stocks vs. regular priced stocks vs. cheap stocks.
- Question from Eric: The last few days I have traded October OIX calls. I made money, but felt like I left a lot of money on the table due to the bid ask spread. How could I have improved on this?
Around the Block: Triple witching plus FOMC equals wild week ahead.