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Option Block 304: Polar Vortex Be Damned

The Option Block
The Option Block
Episode • Jan 7, 2014 • 59m

Option Block 304: Polar Vortex Be Damned

Trading Block: Another day, another mild selloff. Crazy fat finger print in gold futures. Apple taking it on the chin. Polar vortex = Boom market for snow derivatives?

Odd Block: Put sellers trade in Wyndham Worldwide Corp. (WYN), put sellers trade in iShares MSCI Japan ETF (EWJ), closing call sellers trade in iPath S&P 500 VIX Short Term Futures ETP (VXX).

Xpress Block: Apple, Twitter and Facebook: the three perennial favorites on the OX desk. 

Strategy Block: Uncle Mike Tosaw discusses mortgages. "Should I pay it down or keep it for a tax deduction?"

Around the Block: Jan 6: Factory Orders, ISM Non-Mfg Index. Jan 7: International Trade. Jan 8: ADP Employment Report, EIA Petroleum Status Report, FOMC Minutes. Jan 9: Jobless Claims. Jan 10: Employment Situation

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