Option Block 217: Now What Are We Going to Watch?
Trading Block: Most of the major indexes closed fractionally down, weighed down by some less-than-stellar earnings. There was a bit of interesting activity in Facebook. RIMM, now known as BlackBerry, announced the new BlackBerry 10. Former founder of PFG sentenced to 50 years. Netflix pulls a reverse Widow Maker.
Odd Block: Big put spread goes up in Exxon Mobil Corp. (XOM), a large block of calls trade in Taiwan Semiconductor Inc. (TSM), a closing trade in Take-Two Interactive (TTWO), and puts trade in Expeditors International of Washington Inc. (EXPD)
Xpress Block: Chatter on the OX forums has been heavy in Netflix and Priceline. Not much movement in vol.
Strategy Block: Tosaw discusses selling the put on Ford and buying call options.
Around the Block: Non-Farms comes out tomorrow. What is there to watch after that?