Trading Block: Crude is hitting new near-term highs. Brent breaks above 70 for the first time since 2014. Kodak is now a crypto company!?

Odd Block: Massive call party in (FXE); Options-palooza in (XOP); Call frenzy in (XLE).

Strategy Block: Uncle Mike Tosaw discusses risk reversals.

Mail Block: Options question of the week

Another "easy" one to help kick off the New Year. Which name are you looking forward to trading options on during the upcoming earnings season? Your fav not here? Choose "Other" and send it in. Best will be shared on #OptionBlock.

• Apple (AAPL)
• Tesla (TSLA)
• Amazon (AMZN)
• Other

Options Flash Poll: The options industry insists that things have never been better for retail traders. Do you agree?

• Yes
• No

Options Flash Poll, Part Deux: Overhead at @stachicago: We need a #speedbump in #Options to create a "level playing field" for all participants. Agree?

• Yes
• No
• What is a #speedbump?

Around the Block: Earnings! JPMorgan Chase (JPM) and Wells Fargo (WFC) release results before market open on Friday, January 12.