Option Block 629: Bitcoin, VIX and Becoming a Pro Trader

Published: June 20, 2017, 7:08 p.m.

Trading Block: Green screens. Did we turn a corner? Channeling Don S. Do we have a lack of shellac? AMZN needs WFM to grow? Everyone wants to be everything. Mike's disclosure moment.

Odd Block: Puts trade in Marriott Vacation Club (VAC), puts roll in Alerian MLP (AMLP) and put buying in Pattern Energy Group (PEGI).

Mail Block: Options question of the week

Everyone is talking about #Bitcoin #Volatility these days. Where do you stand on #Bitcoin after last week's aggressive downturn?

  • Too Volatile - I'm out
  • I'm still bullish
  • I want #Bitcoin #Options
  • I'm sick of #Bitcoin

Listener Questions:

  • Comment from Production One: SPX and VIX are far more fun
  • Question from Ejh4isu: What qualifications do I need to work in the industry as a professional, i.e. as a trader? Is that a career path I'd even want to consider?

Around the Block: Watching tech. 2500 on the S&P, 8 on the VIX?