Option Block 596: Disastrous 1x3 Call Spreads

The Option Block · Feb 17, 2017 · 1m

Trading Block: Earnings earlier this week. Tuesday - Potbelly, T-Mobile

Wednesday - PepsiCo, Inc., Cisco Systems, Inc., Groupon, Marriott International

Earnings today. AVP - Crush, stock down 17% intraday.

Odd Block: Calls trade in Himax Technologies, Inc (HIMX), Calls trade in Health Care SPDR (XLV), Calls and puts trade in Mondelez International Inc (MDLZ).

Mail Block:

#Options #QuestionOfTheWeek - Trading single #Calls and #Puts is fine, but smart #Options traders use spreads. What is your go-to spread?

- Vertical/Ratio Vertical

- Calendar/Diagonal

- Butterfly/ Iron Butterfly

- Iron Condor…