Option Block 505: Just Buy Upside Calls

Trading Block: Goldman Sachs sees best time in two decades to buy S&P 500 calls. Traders are betting the Federal Reserve will next raise U.S. short-term interest rates about six weeks earlier than previously thought, after the government reported U.S. employers added many more jobs than expected in February. Earnings today after the bell: Shake Shack. Odd Block: Calls trade in Alcoa Inc. (AA), puts trade in Linn Energy LLC (LINE), and calls trade in VALE SA (VALE). Strategy Block: Uncle Mike Tosaw discusses getting back into a trade you got out of, that has continued to go your way since. Mail Block: Listener questions and comments Question from FlyGuy - Do I day trade options anymore? Around the Block: Earnings! Tuesday - Barnes & Noble, Dick’s Sporting Goods Wednesday - Vera Bradley Thursday - Dollar General This Week in the Market: Mar 9: EIA Petroleum Report Mar 10: Jobless Claims, Treasury Budget Mar 11: Import and Export Prices