Option Block 685: Shutdown

Trading Block: The Dow sets all-time intraday record as Senate votes to end government shutdown Earnings This Week: Monday: Netflix Tuesday: Johnson & Johnson, Procter & Gamble, Travelers, Verizon Wednesday: GE, United Technologies Thursday: Caterpillar, 3M, Intel Odd Block: Calls and puts trade in Patterson UTI Energy (PTEN). Puts trade in Harley Davidson Inc (HOG). Puts roll in HCA Healthcare Inc (HCA). Strategy Block: Mike Tosaw discusses buying OTM calls in this current market Mail Block: Options question of the week Bitcoin futures are currently trading around $11,500. If #Options existed, how would you trade them? Assuming one-month to expiration would you...? 27% - Buy 5% OTM Call 32% - Buy 5% OTM Put 16% - Sell 5% OTM Covered Call 25% - Just Short the Future Listener questions and comments: Question from CharlieC - What's the weirdest thing you've seen in the options market? Question from Markit - What's the truth about all the talk about VIX being moved using SPX puts? Is this a thing? Can you please discuss on the network? Around the Block/Economic Reports This Week: Jan 24: Existing Home Sales Jan 25: Jobless Claims, International Trade, New Home Sales Jan 26: GDP, Durable Goods