Mar 30, 2012
Option Block 138: There Is No Crying in Options
Trading Block: Vol rundown - despite little movement, there is quite a bit of intraday volatility in the vol products. RIMM, COSI & TIBX earnings after the bell. Obama looks to end oil subsidies. Europe still weighing in on the broad market. Best Buy slashing stores...
Mar 27, 2012
Option Block 137: Selling the Hunger Games
Trading Block: BATS debacle: All IPO trades busted as a matching engine encountered a software bug. The range of symbols, of course, included Apple. If you are executed on a limit order what do you do after your trade is busted? It's analogous to pin risk. CBOE suing ISE over...
Mar 23, 2012
Option Block 136: Hunting, Fishing, and Options
Trading Block: The market felt the weight of manufacturing issues in Germany, France and, most importantly, China. Chinese manufacturing shrank for the fifth straight month. Dollar General earnings before the bell today -- a Tosaw favorite. Also, the TVIX train wreck...
Mar 21, 2012
Option Block 135: Naked Canadians & A Conference Roundup
Trading Block: VIX on the rebound - the weekend coming back into the VIX, but the futures themselves were down today. A rundown from RMC: What is going into the term structure of the VIX futures? How does negative gamma scalping impact the market? Weeklies are...
Mar 14, 2012
Option Block 134: The Day the Market Moved
Trading Block: A lot of excitement on the trading desk today following the largest move of the year so far. What factors contributed to this swing in to the upside? What was the rise in Vol that we show intraday? The Fed has hinted that it may start raising interest rates...