Option Block 655: Return of the VIX Whale
b"
Trading Block: VIX is back in the double digits hitting 11.21 today. VIX volume is exploding: Over 2.5M contracts traded so far. Will traders take a knee too? Return of the VIX whale?
Odd Block: Put palooza in the iShares MSCI Japan ETF (EWJ), Upside call vertical in United Parcel Service, Inc. (UPS).
Mail Block: Listener Questions and Comments
- Comments regarding the possible Equifax insider trading:
- Comment from Jedi Markus -Sounds easy enough for a jury to understand it then....#GUILTY
- Comment from Sir Martin -\\xa0Depends on which breach I guess? The one in March or the one which was discovered in July? Trying to say they definitely knew. If the first one was in March and they sold in August, they knew something was amiss.
- Comment from Yell0wbuddha - What they did was so illegal...it makes Pablo Escobar look like an amateur $EFX.
Options question of the week: $VIX products come in many flavors. Pick your poison! What's your favorite way to trade $VIX?
- $VXX
- $UVXY
- $XIV
- $SVXY
More questions from listeners:
- Question from Salman - Any recommendations on trading platform for mock trading? Options specifically
- Comment from FContangotrader - Its easier to make $ with $VXX puts when VIX is low
- Question from Molin - Why don't more options brokers offer trade recommendation engines like idea hub? I think a lot of people would like it and would trade more.
Around the Block: 2500. North Korea. Hurricanes. Presidential tweets.
"