OB 841: Old School Impeachment Premium

The Option Block

• HOST: MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
• CO-HOST: ANDREW GIOVINAZZI/MARK SEBASTIAN, OPTION PIT
• CO-HOST: MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
• FIDELITY HOT SEAT: TREY JARRELL, Active Trader Strategy Desk - ATS East

TRADING BLOCK SEGMENT

• IMPEACHMENT VOL PREMIUM IS IN THE AIR.

• VIX: 16.85 - UP 1.7 FROM LAST SHOW

• VVIX: 101.5 - UP 1 FROM LAST SHOW

• VXX: 24- UP 1. FROM LAST SHOW - SO MUCH WASTED MONEY ON VXX OI LAST FRIDAY

ODD BLOCK

• CHECKING IN ON THAT EARNINGS CALL SWEEP IN NIKE
• CHECKING IN ON DISH CALL PALOOZA
• KBH HAS HIGHEST OPTIONS VOLUME/20-DAY AVERAGE

MAIL BLOCK

• QUESTION FROM VRNQEET: Hi where is market heading on Monday
• QUESTION FROM Kevin Duggan: SPY paid a dividend today and is trading 67 cents lower this morning but, my SPY Calls are actually 6 cents higher. I expected them to fall! Can you please help me understand why the Calls are not down? Thanks!
• QUESTION FROM Louis_Winthorpe_III: I’m in $CLDR call options. Let’s do a review.
• QUESTION FROM NELSON: Is it realistic to always have a long put against an equity portfolio or is that just too much drag on returns? I've approached this with a few clients and had some embrace it and others push back against the cost.