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.