Trading Block: OCC 2015 cleared contract volume third highest ever at 4.2B. Options traders adding to bullish bets on Europe stocks for 2016. Stocks plunge as Dow tumbles about 420; S&P falls below 2,000.

• Odd Block “Best of” 2015: Weird trade of the year - 11/30/15 - Put rolls and calls going up in Ascena Retail Group Inc (ASNA)
• Loser of the year - 6/1/15 - Possible upside Anadarko Petroleum Corp. (APC) butterfly.
• Most ironic winner of the year - 10/26/15 - Mens Wearhouse (MW) buy call/sell stock.

Strategy Block: Tosaw discusses what to do if you are selling a put and the market goes against you.

Around the Block: This Week in the Market.

• The market kicks off its first week of 2016 with several economic reports including Fed minutes on Wednesday and the jobs report on Friday.
• Jan 4: Construction Spending
• Jan 6: International Trade, Factory Orders and FOMC Minutes
• Jan 7: Jobless Claims
• Jan 8: Unemployment