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.com60Season of Fear?Season of Fear?Do options traders sense a holiday massacre? There was a massive trade that went up on Vix options at the December expiry. Specifically, one customer sold 28,000 of the December 45-strike calls and then bought 56,000 of the December 60-strike calls.Do options traders sense a holiday massacre? There was a massive trade that went up on Vix options at the December expiry. Specifically, one customer sold 28,000 of the December 45-strike calls and then bought 56,000 of the December 60-strike calls.]]>Mon, 23 Nov 2009 21:32 GMThttp://www.cnbc.com//id/34114837http://www.cnbc.com//id/34114837Money In The Bank?Money In The Bank?When it was hovering around $4 bucks, the thought of Bank of America being a $30 stock seemed patently absurd. But that's exactly what one option investor is betting on.When it was hovering around $4 bucks, the thought of Bank of America being a $30 stock seemed patently absurd. But that's exactly what one option investor is betting on.]]>Fri, 20 Nov 2009 21:13 GMThttp://www.cnbc.com//id/34069165http://www.cnbc.com//id/34069165Redemption in DellRedemption in DellIt's been a tough day for stocks and for tech in particular. A firmer dollar, some lousy economic data, and a nasty semiconductor sector downgrade from Merrill are all weighing on the market.
It's been a tough day for stocks and for tech in particular. A firmer dollar, some lousy economic data, and a nasty semiconductor sector downgrade from Merrill are all weighing on the market.
]]>Thu, 19 Nov 2009 19:47 GMThttp://www.cnbc.com//id/34045206http://www.cnbc.com//id/34045206This POT Is SmokingThis POT Is SmokingCall it a game of follow the leader today. George Soros buys Potash shares and now everyone is clamoring to buy POT.Call it a game of follow the leader today. George Soros buys Potash shares and now everyone is clamoring to buy POT.]]>Wed, 18 Nov 2009 20:19 GMThttp://www.cnbc.com//id/34021697http://www.cnbc.com//id/34021697ERTS So GoodERTS So GoodWe've said it hundreds of time on the show before: Never buy out-of-the-money calls in hopes of a takeover. But with so much deal making going on, and so many days punctuated with takeover talk, the urge to merge may drive some options investors to reach out and buy those cheap calls.We've said it hundreds of time on the show before: Never buy out-of-the-money calls in hopes of a takeover. But with so much deal making going on, and so many days punctuated with takeover talk, the urge to merge may drive some options investors to reach out and buy those cheap calls.]]>Mon, 16 Nov 2009 21:19 GMThttp://www.cnbc.com//id/33973380http://www.cnbc.com//id/33973380Doubling 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.
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