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Description:
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Trading Block: The Dow sets all-time intraday record as Senate votes to end government shutdown Earnings This Week: - Monday: Netflix
- Tuesday: Johnson & Johnson, Procter & Gamble, Travelers, Verizon
- Wednesday: GE, United Technologies
- Thursday: Caterpillar, 3M, Intel
Odd Block: Calls and puts trade in Patterson UTI Energy (PTEN). Puts trade in Harley Davidson Inc (HOG). Puts roll in HCA Healthcare Inc (HCA). Strategy Block: Mike Tosaw discusses buying OTM calls in this current market Mail Block: Options question of the week Bitcoin futures are currently trading around $11,500. If #Options existed, how would you trade them? Assuming one-month to expiration would you...? - 27% - Buy 5% OTM Call
- 32% - Buy 5% OTM Put
- 16% - Sell 5% OTM Covered Call
- 25% - Just Short the Future
Listener questions and comments: - Question from CharlieC - What's the weirdest thing you've seen in the options market?
- Question from Markit - What's the truth about all the talk about VIX being moved using SPX puts? Is this a thing? Can you please discuss on the network?
Around the Block/Economic Reports This Week: - Jan 24: Existing Home Sales
- Jan 25: Jobless Claims, International Trade, New Home Sales
- Jan 26: GDP, Durable Goods
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