Feb 28, 2014
Option Block 317: The Old Goldman Bait and Switch
Trading Block: A mild rally on the street today. JCPenney on the move, jumping as high as 26%, its greatest one-day percentage gain in least 30 years! Tesla announced on Wednesday its big expansion plans will be partially funded through a $1.6 billion bond issue....
Feb 25, 2014
Option Block 316: The Great Put Roll Down
Trading Block: A strong rally on the street. Vol is holding up well despite the rally. SolarCity and Sina today after the bell.
Odd Block: Review from 12-30-13: Call buyers trade in Mattel Inc. (MAT). Plus, calls trade in Nvidia Corp. (NVDA), put spreads trade in WisdomTree...
Feb 21, 2014
Option Block 315: The Great Iron Fly Vs. Condor Debate
Trading Block: Market up 0.5%, Facebook buys WhatsApp for $19B, and Groupon takes a wild ride after hours
Odd Block: Put buying in Veeco Instruments Inc. (VECO), puts trade in iPath S&P 500 VIX Short Term ETP (VXX), put spreads trade in EcoLab Inc. (ECL), and put...
Feb 14, 2014
Option Block 314: Late-Night Gamma Scalping
Trading Block: Catching an updraft on the street today. A decent slate of earnings helped bolster the market. New Fed Chief didn't completely destroy the market with her first remarks. WSJ writing about someone purchasing 3200 Feb $15 calls in Magic Jack before big...
Feb 11, 2014
Option Block 313: Yelling at Yellen
Trading Block: A rather quiet day on the street. It has been a strange week for vol/VIX. Does this buyback draw a line in the sand at $500 for Apple? Icahn is dropping his call for expanded buyback program after getting little support. BATS is talking about launching a second options...