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Description:
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Recorded on March 20, 2017, this Best of Option block looks back on when the SKEW index finally popped. Posted March 21st, 2017 Trading Block: Apple continues to rally. NASDAQ touches fresh intra-day record, but stocks fight for traction. CBOE Skew Index trending higher. It's about time. Odd Block: Puts trade in GameStop Inc. (GME), call spreads trade in FireEye Inc. (FEYE) and puts trade in Grupo Televisa SAB (TV). Mail Block: Polls, upsets, questions, and more. Options #BrokerMadness tournament going on now. - Tough battle today in #options #BrokerMadness as @optionsXpress takes on @IBKR, Who will emerge to take on @TradingBlock?
- @LSFinancial crushing @tradier
Options #QuestionoftheWeek: In #BrokerMadness spirit, lets bring the fight to exchanges. What is your fav? Where do you send your business? - CBOE/BATS
- NYSE/Arca/AMEX
- NASDAQ/PHLX/ISE
- Other: BOX,MIAX, etc
Listener question: - Question from JVao - Sell put + buy call = long delta exposure = cheaper than buying the underlying = maximizing skew = why does everyone not do this?
Around the Block: What's coming up this week? Earnings! - Tuesday - Nike, FedEx
- Thursday- GameStop
This week in the market: - Mar 22: Existing Home Sales
- Mar 23: Jobless Claims, New Home Sales
- Mar 24: Durable Goods
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