Option Block 296: Apple Fire Sale

Trading Block: A mild selloff on the street. Some vol has been creeping back into the market ahead of Non-Farms. The Apple zealots are back. Pressure continues on the metals.

Odd Block: Calls trade in Arris Group Inc. (ARRS), calls trade in CME Group (CME)

REVIEW FROM 10/24 - Calls trade in Jive Software Inc. (JIVE)

Xpress Block: Rumors that Fords CEO may be coming to Microsoft? Gold and energies were the hot products today.

Mail Block: Facbook Question comes in under the wire

Question from Dylan Harris - I have a point I would like discussed on the Option Block. Can you guys discuss locking in gains for long premium trades? Do you gamma scalp with stock or sell options against the position? Or is it best to just close the position and save the commission costs? Love the shows, thanks!

Around the Block: Non-Farms tomorrow. But then what? Not much on the horizon for the rest of the year.