Options Playbook Radio 189: Bitcoin, Dividends and Exercising Worthless Calls

Mark and Brian are back to answer listener questions. In particular:


• Question from Taj Penaso - Hi, will there be options for bitcoin once the futures are traded?? or just the futures until there are tradeable ETFs available? Thanks.

• #Options #QOTW - Now it's a party! #Bitcoin futures are live on both @CMEGroup & @CBOE. But everyone's asking us the $1M question - "When will we get #Bitcoin #Options?" So we thought we'd ask you - When will we be able to trade #options on these futures? 52% - Q1 2018,  19% - Q2 2018,  14% - Q3 2018,  5% - Q4 2018

• Question from L Penguin - I have a question for the option playbook. I'm a new options trader and I want to buy a LEAP call bc it looks like the stock is going to go to up in the next 12 months, but I don't want to commit yet.  I also want to generate income while I hold that position. What are your thoughts on selling the call while I have the leap?  Also, this stock has an attractive dividend that I'd like to capture.  Is this even possible?  Interested in your thoughts, thanks!...I was thinking about buying a deep in the money call for the LEAP, and then depending on where the stock is trading at the time, sell closer to the money.

• Question from VLL98 - What happens to my options if the company declares bankruptcy? Can I still exercise my calls and buy the stock at the strike price?