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Option Block 334: Are Mini Options Dead?

The Option Block
The Option Block
Episode • Apr 29, 2014 • 55m

Option Block 334: Are Mini Options Dead?



Trading Block:


Close to close is only half the story today. Russell and the NASDAQ lead the way. Stocks that pay a nice dividend are clear outperforming stocks that do not. Three candidates selected to oversee OPRA. 



Odd Block:


Puts go up in Diebold Inc (DBD)


A three-way trade goes up in Range Resources Corp. (RRC)


Calls buyers go up in Norhtstar Realty Finance Corp. (NRF)


Put spread sales trade in Bank of America Corp (BAC) - potential roll down


         


Xpress Block:


A continuing rotation out of momentum into more quality names. Apple, Amazon IBM and Microsoft were all hot on the OX desk today.



Strategy Block:


A two-part strategy block today. First, a few current strategies Uncle Mike is employing. Second, a trade for people who may not have been able to pull the trigger on a selling a bull put spread when the market was down today.  



Mail Block:


Question from Jason Kruse - Has probably been asked & answered many times, and I have missed it.. Will $AAPL minis continue to trade after the split?



Around the Block:


A lot of economic news this week, including the Fed two-day FOMC meeting. On Monday, pending home sales and Dallas Fed manufacturing. More earnings: TWTR, MAR, CME & LKND


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