Option Block 622: Selling Crazy Penny Calls

The Option Block · May 23, 2017 · 1h 3m

Trading Block: Earnings highlights include Lowes (Wednesday), Best Buy, Costco, TD Ameritrade, GameStop (Thursday).

Odd Block: Calls trade in Pandora Media Inc. (P), calls trade in Energy Transfer Equity LP (ETE) and calls trade in MGM Resorts Int. (MGM).

Mail Block: Questions. Comments. More

Options Question Of The Week: $VIX =11.20. $VIX June Future = 12.40 $VIX Weekly 11 puts = $.15, Weekly 13 Calls = $.15. What's your trade?

Buy 13 Call for $.15

Buy 11 Put for $.15

Sell 13 Call for $.15

Sell 11 Put for $.15

Listener Questions:

Question from Game Daydog - Whoo Hooo !! I made the boot camp…