Trading Block: Stocks rise as NASDAQ joins Dow, S&P and notch new record highs. Understanding the minutiae of VIX. The Tao of Don: Sell or sell not. There is no buy.

Odd Block: Calls trade in CBOE Holding Inc (CBOE), Massive calls trade in Financial Select SPDR (XLF), Calls trade in Bank of America Corp (BAC).

Strategy Block: Uncle Tosaw discusses trading collars in Apple

Mail Block/Options#QuestionOfTheWeek:

#CrudeOil has been volatile lately. $OIV, aka Oil $VIX, is 37.33. Where will #Crude #Volatility close on Friday?

• Between 37 - 38.5
• Between 38.5 - 40
• Below 37
• Above 40

Around the Block/This Week in the Market: Dec 9: Consumer Sentiment