Mar 11, 2019
TRADING BLOCK
Co-Host: Trey Jarrell, Fidelity Trading Strategy Desk
Most active indices: VIX - 224k, SPY - 1.06M, SPX: 432k
Most active equity options: LLY, AAPL, BA, FB, ELAN, GE, NIO, AMD, NVDA, TSLA
Boeing shares tumble 9% after deadly crash of popular 737 jet.
ODD BLOCK
Call activity in QuinStreet Inc (QNST) - from Feb 7
Harvesting risk premium in Plains GP Holdings LP(PAGP) - from Feb 4
More risk premium harvesting in Canadian Pacific Railway Ltd (CP) - from Feb 4
STRATEGY BLOCK
Uncle Mike Tosaw discusses the cover call strategy.
MAIL BLOCK
#QOTW: Everyone in our audience thought 2019's #options volume would eclipse 2018's record volume. But, through February, ADV is down nearly 19% from last year. 2019 is still young so we thought we'd take your pulse again - will 2019 beat 2018's record 5.1B #options contracts?
69% - Yes
31% - No
Question from Fidelity Client - As an options seller, is it better to close out of my options positions early or let them expire worthless?
AROUND THE BLOCK
This Week in the Market:
Mar 11 - Retail Sales
Mar 12 - CPI
Mar 13 - Durable Goods, PPI
Mar 14 - Jobless Claims, Import and Export Prices
Mar 15 - Industrial Production, Consumer Sentiment