Option Block 650: Talking Hurricanes, Missiles and Bankruptcy Puts with Fidelity

Published: Sept. 8, 2017, 2:40 p.m.

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Joining the all-star panel is guest co-host Greg Stevens, VP of Product Development of Options at Fidelity Investments.

Trading Block: Hurricane Irma puts Florida in it's crosshairs. The numbers are in: August was surprisingly strong. Earnings season is in the rearview mirror now.

Odd Block: TSLA options tracker. Upside call love in Himax Technologies, Inc. (HIMX), massive put block in iShares MSCI Japan ETF (EWJ), and call frenzy from 8/17 in Utilities SPDR (XLU).

Mail Block: Options question of the week

As Q4 looms, where are you placing your bullish #Volatility bets? Which has most #Upside by end of 2017? $VIX $AMZN #WTI $GVZ

  • Gold Volatility
  • Crude Oil Volatility
  • S&P 500 Volatility - VIX
  • Single Names - $AMZN, etc.

Listener Questions and comments: What's on your mind?

  • Question from Ejh4isu - Question for the option block: What happens to puts I'm holding if the company files bankruptcy or becomes insolvent? Am I just out of luck?
  • Comment from Notyourcountry - What's the probability that Netflix $NFLX won't file for Chapter 11?
  • Question from CLT - Heard a rumor that minis were making a comeback. Any truth to it?

Around the Block: Hurricane cannon pointed at the southeast. NFL season kicks off tonight. Tension between China and North Korea.

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