Option Block 335: The Giovinazzi/Tosaw Spectacular
Trading Block:
A slow day on the market today. TLT was one of the few things to light up the tape. Yellen, the Fed and bond buying. An update of the VIX and S&P with Andrew.
Odd Block:
Call buyers in Auxilium Phramaceuticals, Inc (AUXL)
Call buyers jump into EQT Corp. (EQT)
Call spreads trade in Verso Paper Corp (VRS)
Calls roll in Mechel OAO (MTL)
Strategy Block:
A question/poll for our audience: Given the level of the VIX, is this market a better environment for doing verticals spreads or horizontal spreads?
Around the Block:
More earnings: XOM, LNKD, KRFT and EXPE. The biggest news will come for the jobs report on Friday. Will gold continue to slide? GDP?