Option Block 556: Flimflammery and Skull Blockery
Trading Block: Volatility is coming back! Wall Street gains on Apple, dimmer chances of rate hike.
Odd Block: Calls trade in Lending Club Corp (LC), calls trade in Infoblox Inc (BLOX), and calls trade in Technology SPDR (XLK)
Mail Block: Listener questions and comments
Question from Yukoner: Do you ever do spreads in LEAPS? Why and how? So I used trade the LEAPS rather than guy the stock. Is that s good use case?
Question from Trader Shawn: What is the difference between USO and UCO?
Question from Vegs: I am seeing lots of big fat options OI tied to the big ES 2200 strike. Does this mean big…
The skinny
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