Best of Option Block: Does a High Skew Signal the Zombie Apocalypse

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