Option Block 480: Getting Naked with the Options All-Stars

The Option Block · Nov 20, 2015 · 1m

Trading Block: Apple plummets to 4th place among hedge holdings, from No. 1. Square surges after raising less than sought in IPO. BATS reports successful launch of EDGX Options - The new market launched on November 2nd and implemented a phased rollout of symbols, which was completed November 17th.

Odd Block: Calls trade in The CBOE Volatility Index (VIX), calls trade in CurrencyShares Euro Trust (FXE), and calls trade in Mosaic Inc. (MOS).

Listener Mail: Listener questions and comments

Question from McDuff - What is a naked options position?

Question from Kimble - Could a naked call pose huge…