OB 838: SAUDI ATTACKS DRIVE BP CALL EXPLOSION

HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: ANDREW GIOVINAZZI, OPTION PIT CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT FIDELITY HOT SEAT: TREY FARRELL, ACTIVE TRADER STRATEGY DESK, FIDELITY BROKERAGE SERVICES LLC THE TRADING BLOCK MARKETS SPOOKED BY SAUDI OIL ATTACK  VIX 14.85 - UP .75 FROM LAST SHOW VVIX: 100.6 - UP 5 FROM LAST SHOW VXX: 23.4 - UNCHD FROM LAST SHOW THE ODD BLOCK BP CALL EXPLOSION DISH CALL PALOOZA STRANGE ITM IGT CALL PRINT STRATEGY BLOCK Is it better to trade outright for smaller size or larger size via spreads. MAIL BLOCK FIDELITY CLIENT QUESTION OF THE WEEK: If I'm looking to trade a specific market, is it better to trade an option on an etf that tracks that market or to just trade the underlying index?  AROUND THE BLOCK Saudis, Saudis, Saudis...oh and the Fed.