WorkbenchOptions Action Bloghttp://optionsaction.cnbc.com"Options Action" features option traders from some of the top firms on Wall Street. Each week, they gather for a fast-paced, half-hour show that focuses on how to increase profits and limit losses using common option techniques.encustomercare@support.cnbc.comhttp://media.cnbc.com/i/CNBC/CNBC_Images/componentbacks/logo_small.gifOptions Action Bloghttp://optionsaction.cnbc.com60Doubling Down?Doubling Down?Are options traders doubling down on Las Vegas Sands ahead of earnings? That appears to be the case with today's action.Are options traders doubling down on Las Vegas Sands ahead of earnings? That appears to be the case with today's action.]]>Thu, 29 Oct 2009 19:37 GMThttp://www.cnbc.com//id/33538608http://www.cnbc.com//id/33538608Trade UpdateTrade UpdateNow for the update on Dan Nathan's trade. Just to recap, he suggested buying the November 190/200 call spread, paying $7.80 for the Nov 190-strike call and collecting $4.20 for selling the Nov 200-strike call, net-net paying a total of $3.60 to win a possible $6.40.Now for the update on Dan Nathan's trade. Just to recap, he suggested buying the November 190/200 call spread, paying $7.80 for the Nov 190-strike call and collecting $4.20 for selling the Nov 200-strike call, net-net paying a total of $3.60 to win a possible $6.40.]]>Tue, 20 Oct 2009 17:53 GMThttp://www.cnbc.com//id/33399851http://www.cnbc.com//id/33399851Still Want To Take A Bite?Still Want To Take A Bite?I know marketcap is a relatively meaningless stat, but Apple's is truly an astounding figure. With today's surge, the company is worth roughly $178 billion. That's more than Google ($175 billion) and General Electric ($165 billion), the parent company of this fine network.I know marketcap is a relatively meaningless stat, but Apple's is truly an astounding figure. With today's surge, the company is worth roughly $178 billion. That's more than Google ($175 billion) and General Electric ($165 billion), the parent company of this fine network.]]>Tue, 20 Oct 2009 15:56 GMThttp://www.cnbc.com//id/33398138http://www.cnbc.com//id/33398138Making Those Best Directional BetsMaking Those Best Directional BetsYankees shmankees - Is there anything better than a good ol' fashion earnings preview with derivatives? From my standpoint, the answer would be a solid no. But just incase you missed part of last week's show, I do want to update the faithful.
Yankees shmankees - Is there anything better than a good ol' fashion earnings preview with derivatives? From my standpoint, the answer would be a solid no. But just incase you missed part of last week's show, I do want to update the faithful.
]]>Mon, 19 Oct 2009 23:53 GMThttp://www.cnbc.com//id/33388071http://www.cnbc.com//id/33388071Intel LatestIntel LatestIt's more than a motto; it's a way of life on "Options Action." We like to risk less to possibly make more. And last week, Dan Nathan - chief options strategist at Phoenix Partners Group nailed it with Intel.
It's more than a motto; it's a way of life on "Options Action." We like to risk less to possibly make more. And last week, Dan Nathan - chief options strategist at Phoenix Partners Group nailed it with Intel.
]]>Wed, 14 Oct 2009 16:45 GMThttp://www.cnbc.com//id/33311502http://www.cnbc.com//id/33311502Cost CuttingCost CuttingWe say it often on the show: we like to risk less to possibly make more. That's why we typically shun buying options outright, and choose to pair our costs by selling one option to buy another. But occasionally, one of our guys (and gal) senses a bargain, and that's exactly what happened with Dan's strangle on Costco.
We say it often on the show: we like to risk less to possibly make more. That's why we typically shun buying options outright, and choose to pair our costs by selling one option to buy another. But occasionally, one of our guys (and gal) senses a bargain, and that's exactly what happened with Dan's strangle on Costco.
]]>Wed, 07 Oct 2009 16:14 GMThttp://www.cnbc.com//id/33210001http://www.cnbc.com//id/33210001Exxon's ConundrumExxon's ConundrumIf you were a stock holder, would you rather have a buyback, or a dividend? If you own Exxon Mobil, you probably want the latter.
If you were a stock holder, would you rather have a buyback, or a dividend? If you own Exxon Mobil, you probably want the latter.
]]>Thu, 01 Oct 2009 20:01 GMThttp://www.cnbc.com//id/33126517http://www.cnbc.com//id/33126517Options Action RecapOptions Action RecapIf we sound like a broken record, I apologize in advance, but there is a reason we implore our viewers to spend less when using options, and the reason is quite simple: if you spend less, you lose less, and last week's trades offered a great example of that.
If we sound like a broken record, I apologize in advance, but there is a reason we implore our viewers to spend less when using options, and the reason is quite simple: if you spend less, you lose less, and last week's trades offered a great example of that.
]]>Wed, 30 Sep 2009 19:30 GMThttp://www.cnbc.com//id/33095104http://www.cnbc.com//id/33095104Options Action RecapOptions Action RecapBuying protection is great and good, but truth be told, spending money for protection that ultimately proves worthless is akin to lighting money on fire.Buying protection is great and good, but truth be told, spending money for protection that ultimately proves worthless is akin to lighting money on fire.]]>Wed, 23 Sep 2009 20:51 GMThttp://www.cnbc.com//id/32990445http://www.cnbc.com//id/3299044583 Redux83 ReduxAccording to Gary Kaminsky, the market has not been this much above its 200-day moving average since May of 1983. "It's just another indication that the fear to "not own" stocks is sometimes as great as the fear to own names for many portfolio managers, especially this time of year," said Kaminsky. "The market is way overbought short-term."According to Gary Kaminsky, the market has not been this much above its 200-day moving average since May of 1983. "It's just another indication that the fear to "not own" stocks is sometimes as great as the fear to own names for many portfolio managers, especially this time of year," said Kaminsky. "The market is way overbought short-term."]]>Thu, 17 Sep 2009 19:53 GMThttp://www.cnbc.com//id/32900313http://www.cnbc.com//id/32900313