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Option Block 217: Now What Are We Going to Watch?

The Option Block
The Option Block
Episode • Feb 1, 2013 • 59m

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?

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