Option Block 539: Transaction Taxes, Call Frenzies, and Fake Dividends

The Option Block · Jul 15, 2016 · 1h 2m

Trading Block: Earnings today include: JPMorgan Chase, Delta Air Lines. Legislation to impose financial transactions tax introduced. Clinton aims "Wall Street" tax at Flash Boys, not banks.

Odd Block: Calls trade in ConAgra Foods Inc. (CAG), calls trade in HollyFrontier Corp (HFC) and calls trade in Credit Suisse Group (CS).

Mail Block: Listener questions and comments

Question from Dmitry: What happens to Leaps for tickers that get delisted before expiration?

Question from Mark Davis: Hello, I am a new listener. There was a mention of using covered calls to generate a "dividend". I am having…