Oct 12, 2012
Option Block
190: Getting Out of AAPL
Trading Block: Another 0.0% move for the S&P
today. Zynga was crushed again this week, and closing today at
$2.43 as it takes a massive write-down on the OMG Pop acquisition.
It also manages to bring Facebook down with it. Corn up 5% after
U.S. harvest forecast slashed. Apple closing down about 13 handles
or 2% to $628.10.
Odd Block: Upside calls active on Auxilium Pharma
(AUXL); will Advanced Micro Devices Earnings surprise next week
(AMD)?
Xpress Block: Sean Fitzgerald is back in the OX
hot seat today, and discusses recent and interesting trades.
Sprint, Wells Fargo and a bunch of earnings plays.
Around the Block: Earnings-Palooza: Southwest
Airlines, Nokia, Microsoft, Verizon, AMD, Google, Bank of America,
and Citi.