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Option Block 314: Late-Night Gamma Scalping

Option Block 314: Late-Night Gamma Scalping

Trading Block: Catching an updraft on the street today. A decent slate of earnings helped bolster the market. New Fed Chief didn't completely destroy the market with her first remarks. WSJ writing about someone purchasing 3200 Feb $15 calls in Magic Jack before big newsletter mention. Big day for Apple.

Odd Block: Put sellers finance call buyers in Mechel OAO (MTL), and calls trade in E Commerce China Dangdang (DANG).

Xpress Block: The classic names were lighting up the OX desk today: Apple, Solar City, Facebook, Tesla, and Priceline. Plus the…

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