Jan 27, 2012
Option Block 123: Like a Virgin
Trading Block: Apple blows the doors off earnings again – long premium going into earnings was the way to play it. JC Penney up $6.50 today, but is it best to still keep a short position? Netflix on the comeback trail?
Odd Block: Unusual activity in Deutsche Bank AG (DB) and DeVry Inc. (DV).
Xpress Block: Tim Navabi breaks down the recent activity at OX. Have the recent round of earnings and a move to the upside started to lure back degenerate premium sellers back to Netflix? Have people continued to dive back into the short end of Google?
Strategy Block: In this rare opportunity, Mark Sebastian takes over the strategy block to discuss what he thinks about the VIX.
Around the Block: Keeping an eye on Ford and Apple - again. Very interesting to see oil still around the 100 mark - gold and silver are also moving. Earnings: Jan 31 - Amazon, Feb 1 - Chipotle (stealth Apple), Exxon Mobile & UPS - next week.
For more information on Mark’s webinar with ICE on weekly options, please click here: https://icewebinar.webex.com/icewebinar/onstage/g.php?t=a&d=661422660.