Option Block 630: Don't Get too Cute when Closing Trades

Trading Block: Taking the weekend out of the market. Biotech and the effect of the AHCA bill. Crude and the energy section taking it on the chin. Odd Block: Puts trade in Plains All American Pipeline, L.P. (PAA) call spreads trade in Praxair, Inc. (PX). Strategy Block: Mike discusses trading size and closing positions. Mail Block: Listener Questions and Comments Question from Frank C. - Can you do a review of second order Greeks and when to use them? Thanks. Question from ZX45 - Is now actually a good time to become a market maker? I read in Barons that there are not many of them left, so there is not much competition. And how did Mike get in it if he was not a trader? Around the Block: Bargain shopping for a sub-10 VIX close.