Published: Sept. 16, 2016, 3:58 p.m.
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Trading Block: Volatility is coming back! Wall Street gains on Apple, dimmer chances of rate hike.
Odd Block: Calls trade in Lending Club Corp (LC), calls trade in Infoblox Inc (BLOX), and calls trade in Technology SPDR (XLK)
Mail Block: Listener questions and comments
- Question from Yukoner: Do you ever do spreads in LEAPS? Why and how? So I used trade the LEAPS rather than guy the stock. Is that s good use case?
- Question from Trader Shawn: What is the difference between USO and UCO?
- Question from Vegs: I am seeing lots of big fat options OI tied to the big ES 2200 strike. Does this mean big traders are betting that the S&P will rally past 2200? Can all of this open interest have the net effect of forcing the S&P to that strike at expiration? Do you view this open interest solely coming from pros, or are retail reflecting there as well?
Strategy Block: Uncle Mike Tosaw discusses vertical LEAPS rolls.
Around the Block/This Week in the Market: Sep 16: CPI, Consumer Sentiment
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