The Option Block

TRADING BLOCK LABOR DEPARTMENT REPORTED MORE THAN 5 MILLION NEW UNEMPLOYMENT CLAIMS. U.S. DEATHS SPIKED TO A DAILY HIGH OF ALMOST 2,500. VIX: 42.3 - DOWN .7 FROM LAST SHOW VVIX: 133 - DOWN 6 FROM LAST SHOW VXX: 41 - DOWN .3 FROM LAST SHOW ODD BLOCK CHK LONG TERM OTM PUTS DVAX CALL OVERWRITE REVIEW HGV MAIL BLOCK DOES ANYONE OFFER A PRE-EARNINGS STRADDLE BASKET THAT YOU CAN BUY TO TRADE A LARGE NUMBER OF EVENTS AT ONCE? TELL TS I SIGNED UP THIS WEEK. DO LONG STRADDLES STILL WORK HERE?

TRADING BLOCK OPEC FINALLY MAKES A DEAL GOLDMAN SAYS WORST IS OVER VIX: 43 - UP .25 FROM LAST SHOW VVIX: 139 - DOWN 1 FROM LAST SHOW VXX: 41.3 - DOWN 1 FROM LAST SHOW EARNINGS SEASON IS BACK ODD BLOCK UNP CALL SALE GD CALL WRITE SWCH CALL WRITE STRATEGY BLOCK HOW TO OUTLINE THE PROPER OBJECTIVES FOR YOUR PORTFOLIOS USING OPTIONS MAIL BLOCK HAVE YOU HEARD ABOUT ANY MORE MARKET MAKERS BLOWING UP OUT THERE RIGHT NOW? AROUND THE BLOCK WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK

TRADING BLOCK TERRIBLE DEATH TOLL OUT OF NY MORE TERRIBLE JOBLESS CLAIMS NUMBERS FORMER FED CHAIR BERNANKE PREDICTS GDP COULD DROP 30% GE & SBUX ALREADY WARNING ABOUT EARNINGS BUT WE’RE STILL RALLYING! MARKET REALLY LIKES NEW FED STIMULUS: $2.3T MORE VIX: 42.75 VVIX: 140 VXX: 42.3 ODD BLOCK CORONAVIRUS INSPIRED ABT PAPER LBTYK PUT LOVE NLSN PUT LOVE MAIL BLOCK WHAT ARE SOME KEY THINGS YOU WOULD TELL EQUITIES TRADERS LOOKING TO MAKE THE MOVE TO OPTIONS? WHAT IS THE SIMPLE VIX EQUATIO

TRADING BLOCK SEGMENT WORST WEEKS UPCOMING FOR THE VIRUS “LIGHT AT THE END OF THE TUNNEL” - LATEST TALKING POINT FROM THE WHITE HOUSE ACKMAN IS CLEARLY LONG VIX: 44.3 - DOWN NEARLY 8 FROM LAST SHOW VVIX: 146 - DOWN 5 FROM LAST SHOW VXX: 42.5 - DOWN 5.3 FROM LAST SHOW ODD BLOCK W LINE IN THE SAND PUTS REVIEW BGS REVIEW NTAP AGGRESSIVE LITS PUTS STRATEGY BLOCK BREAKING DOWN THE BEST WAY TO SELL PUTS IN THIS MARKET AROUND THE BLOCK WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK

TRADING BLOCK MORE TERRIBLE JOBS NUMBERS HIGHEST VOLUME MONTH EVER FOR U.S. EQUITY OPTIONS INDUSTRY VIX: 52.5 - DOWN 7.5 FROM LAST SHOW VVIX: 151 - DOWN 9 FROM LAST SHOW VXX: 47.8 - DOWN 2.2 FROM LAST SHOW ODD BLOCK REVIEW APD LINE IN THE SAND PUTS MAIL BLOCK QUESTIONS ON SPY ITM CALLS AND PUTS, LONG PUTS SPREADS AND XLE VERSUS USO. AROUND THE BLOCK WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK?

TRADING BLOCK WE’RE RALLYING IN SPITE OF JOBS NOS, DEATH TOLLS, DISTANCING UNTIL 4/30 ODD BLOCK PM CALL CRUSHING LYG LIT SAND PUTS STRATEGY BLOCK HOW TO EXPERTLY TAKE TAX LOSSES IN THIS MARKET MAIL BLOCK WHAT WOULD HAPPEN IF A PERSON OWNED A CALL OR PUT OPTION AND THE STOCK MARKET CLOSED FOR AN EXTENDED PERIOD OF TIME AND THE OPTIONS EXPIRATION DATE WAS DURING THIS TIME PERIOD? WOULD THE CALL OR PUT OPTION BECOME WORTHLESS IF THE STOCK MARKET OPENED AFTER THE OPTION EXPIRATION DATE HAD PASSE

TRADING BLOCK FOR 1ST TIME SINCE 2/12, S&P 500 CLOSED HIGHER 2 SESSIONS IN A ROW INITIAL JOBLESS CLAIMS SURGED TO 3.3M LAST WEEK CORONAVIRUS TAKES HEAVY TOLL ON ECONOMY ODD BLOCK LARGE CALL CREDIT SPREAD IN EEM LARGE BULLISH CALL DEBIT SPREAD IN MTCH REVIEW: MASSIVE AND TIGHT AAL COLLAR MAIL BLOCK EVERYTHING IS ELECTRONIC AT THE MOMENT. WHAT THE HECK DO WE DO IF EVERYTHING HAS TO SHUT DOWN? ARE YOU SURPRISED AT HOW WELL THE OPTIONS MARKETS ARE HOLDING? WHERE DO YOU THINK VIX WILL TOP OUT HERE?

TRADING BLOCK WORST WEEK SINCE 2008 FOR ALL MAJOR INDICES LIMIT DOWN ON SUNDAY NIGHT FED ANNOUNCING “UNLIMITED” ASSET PURCHASES WE HAVE A FULLY ELECTRONIC MARKET ST. LOUIS FED TALKING ABOUT 30% UNEMPLOYMENT VIX: 68.30 VVIX: 182 VXX: 56 ODD BLOCK CS CALL PALOOZA STRATEGY BLOCK ONE POTENTIAL STRATEGY IN THIS ENVIRONMENT IS IN-THE-MONEY COVERED CALLS ON THE BIG INDEX ETFS MAIL BLOCK TRADESTATION CLIENT QUESTION OF THE WEEK? IS THERE AN EASY WAY TO PLAN OPTIONS TRADES?

TRADING BLOCK SELL EVERYTHING! CAN WE FINALLY PUT TO REST THE NOTION THAT GOLD OR FIXED INCOME ARE GREAT HEDGES FOR AN EQUITY PORTFOLIO? COMMODITIES GETTING KILLED THE DAY WE ALL DREADED AS MARKET MAKERS IS FINALLY HERE: TRADING FLOORS ALL CLOSED RENDERING THE OPTIONS MARKET 100% ELECTRONIC VIX: 76.6 -UNCHD FROM LAST SHOW VVIX: 177 -DOWN 15 FROM LAST SHOW VXX: 70 -UP 24 FROM LAST SHOW MAIL BLOCK WHAT ARE YOUR THOUGHTS ON THE SCHWAB/TD MERGER’S IMPACT ON OPTIONS MARKET? WHAT ABOUT FREE COMMISSION

TRADING BLOCK MARKETS HALT ON THE OPEN AND ARE DRIFTING LOWER. THE FED PUT IS MEANINGLESS. WE’RE ALL LIVING IN A FULLY-ELECTRONIC OPTIONS MARKET! MAIL BLOCK IF MARKETS ARE SHUT AND I HAVE EXPIRING IN THE MONEY PUTS - WHAT HAPPENS? ARE THE EXPIRING OPTIONS AUTOMATICALLY EXERCISED OR DO THEY JUST EXPIRE WORTHLESS BECAUSE MARKET WAS SHUTDOWN? ANY ADVICE FOR HANDLING LARGE BID/ASK SPREADS? IS IT BETTER TO SELL OPTIONS WITH THE HOPE OF THE OPTIONS EXPIRING WORTHLESS? ARE RESTING ORDERS A GOOD IDEA?

TRADING BLOCK SEGMENT THE BULL IS OFFICIALLY DEAD AFTER OVER 11 YEARS DOW, S&P, NASDAQ ALL IN BEAR MARKET TERRITORY TRIGGERED CIRCUIT BREAKERS TWICE IN ONE WEEK GOLDMAN STUDIED BEAR MARKETS BACK TO 1835 VIX, VVIX, VXX, MSFT, TSLA, AAPL, BA, BAC, AMD ODD BLOCK AGGRESSIVE LINE IN THE SAND IN CIM MAIL BLOCK DOES UNCLE MIKE HAVE SHORT PUTS ON RIGHT NOW OR IS HE CANCELING ALL BULLISH EQUITY TRADES UNTIL ALL OF THIS CALMS DOWN? AROUND THE BLOCK WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK?

TRADING BLOCK SEGMENT SAUDIS AND RUSSIA DECIDE TO RACE EACH OTHER TO THE BOTTOM IN CRUDE AND CIRCUIT BREAKERS TRIGGERED AT CME AND NYSE. VIX: 53- UP 16 FROM LAST SHOW VVIX: 143: UP 28 FROM LAST SHOW VXX: 35.35: UP 10 FROM LAST SHOW ODD BLOCK SIZE MAT LITS PUTS SIZE KTB LITS PUTS REVIEW LBTYK CALL LOVE MAIL BLOCK WHAT IS YOUR FAVORITE VIX OPTIONS STRATEGY FOR +50 VIX? DO YOU SELL ITM SHORT TERM (MAR 17) CALLS AGAINST LONG TERM CALLS? WHAT ARE YOUR PREFERRED WAYS TO USE OPTIONS NOW?

TRADING BLOCK SEGMENT SURPRISE FED RATE CUT AND IMPACT ON VOLATILITY. VIX: 36.97- UP 3.37 FROM LAST SHOW VVIX: 115.42 - DOWN 1.58 FROM LAST SHOW VXX: 25.46 - UP 3.31 FROM LAST SHOW OCC VOLUME NUMBERS FOR FEBRUARY ODD BLOCK UNUSUAL OPTIONS ACTIVITY IN RWT, APD, SNSS MAIL BLOCK QUESTION FROM DOM: WHAT IS A GOOD USE CASE FOR LONG STRADDLES? I KNOW THAT THEY ERODE QUICKLY AND ARE EXPENSIVE. WHAT’S THE UPSIDE? AROUND THE BLOCK WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK?

TRADING BLOCK HOW LONG CAN 35 VOL LAST VIX: 33.60- UP 2.4 FROM LAST SHOW VVIX: 117-UP 3 FROM LAST SHOW VXX: 22.15 -UP 1 FROM LAST SHOW ROBINHOOD DOWN ALL DAY ODD BLOCK CALL SELLERS IN VALE HUGE PUT CLOSE ROLL IN TEVA STRAT BLOCK KEEPING MONEY IN CASH MAIL BLOCK LOOK AT THE PRICING RELATIONSHIP BETWEEN SPX AND SPY. THE PRICING IS OFF. DO YOU HAVE ANY INSIGHT ON THAT CAN U PLEASE TELL ME WHY TSLA PUT OPTIONS $920 EXPIRED FEB 21, DIDN'T INCREASE THE VALUE AS THE STOCK PLUNGES

TRADING BLOCK A CRAZY DAY/WEEK FOR OPTIONS VOLUME/VOL VIX: 31.20 -UP NEARLY 7 FROM LAST SHOW VVIX: 114 -UP 3 FROM LAST SHOW VXX: 21 -UP NEARLY 4 FROM LAST SHOW ODD BLOCK PLAN HGV PTLA MAIL BLOCK FITTY LOOKING PRETTY! HAS HE CASHED OUT? IS THE WHOLE ASP STILL IN CASH? WHAT WOULD BE SOME GOOD OPTIONS PLAYS TO START GETTING BACK INTO THE GAME HERE? IS THIS ALL CORONA OR IS THERE SOME SANDERS EFFECT GOING ON AS WELL? AROUND THE BLOCK WHAT’S ON OUR RADAR FOR THE REST OF THE WEEK?