Option Block 507: Waiting for a Bonehead Political Soundbite

The Option Block · Mar 15, 2016 · 1m

Trading Block: ICE would keep London Stock Exchange if it bought LSE Group. Fed to sit tight on rates at March meet, hint at hikes to come. Earnings today before the bell:

3D Systems Corp.

Odd Block: Put buying in Banco Bradesco SA (BBD), 1-by-2 put spread in CarMax Inc. (KMX), and calls trade in Delta Air Lines Inc (DAL).

Strategy Block: Uncle Mike Tosaw discusses short put spreads.

Listener Mail: Listener questions and comments

Question from Bob - I have heard pros say that when too many retail jump into a trade, then do the opposite - Does that apply to options as well?

Question from 777 -…