Option Block 826: As The Worm Turns

HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP CO-HOST: MARK SEBASTIAN, OPTION PIT CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT FIDELITY HOT SEAT: BRIAN ISABELLE, FIDELITY ACTIVE TRADER STRATEGY DESK

THE TRADING BLOCK

FIRST RATE CUT IN 10+ YEARS - SINCE THE DARK DAYS OF THE FINANCIAL CRISIS. MARKET WANTED 50 BASIS POINTS YESTERDAY - 1% SELLOFFS ACROSS THE BOARD. VIX 13.90 - UP 1.35 FROM LAST SHOW - HIT A HIGH OF 15.44 SINCE LAST SHOW VVIX: 91.5 - UP 6.5 FROM LAST SHOW VXX: 22.75 - UP 1.25 POINTS FROM LAST SHOW - HIT A HIGH OF 23.64 THIS WEEK MARK/ANDREW REVIEW? MIKE REVIEW? WHAT ARE FIDELITY’S CUSTOMERS TRADING TODAY? TOP 10 MOST ACTIVE EQUITY OPTIONS INDEX OPTION VOLUME BREAKDOWN AND MORE…

OPTION PIT STOCK OF THE DAY

LOOKING AT APPLE AFTER EARNINGS THIS WEEK.

THE ODD BLOCK

GO PRO CALL LOVE TME PUT LOVE PAAS AGGRESSIVE CALL BUYING

MAIL BLOCK

 Question from Eddie Matheney:  Is selling options for a credit (bull put) more profitable than buying options and paying a debit (bull call)? Thanks.

AROUND THE BLOCK

What is on our radar for the rest of the week?  Looking for the employment situation numbers tomorrow along with consumer sentiment and factory orders.