Nov 18, 2011
Option Block 107: The End of the AAPL Bulls?
Trading Block: Housing starts better than expected, yet the market shrugged off an usually strong indicator for movement. S&P breaks through 1225 -- a key support level. Apple down in the 375 level. Ford getting crushed -- down $0.40 despite strong October sales. Is the Dec 9/10 put spread a popular sale? Metals down today. AGQ is gaining popularity, could ultra short terms make a difference?
Odd Block: Unusual activity in: Ann Taylor (ANN), Louisiana-Pacific Corp. (LPX), and Coca-Cola Co. (KO)
Xpress Block: Nelson from OX discusses questions are concerns raised with expiration a day away. A lot of interest around Angie's List, a tech IPO going public today. Is there still a lot of fallout from the MF situation?
Strategy Block: Mike Tosaw discusses the simulated index concept.
Around the Block: A light earnings and economic week coming up. Apple - Jan 2013 call or put?