Option Block 388: Japanese Volatility
Option Block 388: Japanese Volatility
Trading Block: U.S. stocks open lower as Japanese recession weighs. American markets poised for a pullback after four straight weeks of gains. Japan shocks as economy slips into recession. Cracks widen at OPEC as oil prices tumble.
Odd Block: Size combo in Standard and Poor’s 500 Index (SPX), puts trade in iShares MSCI Japan (EWJ), call traders in Buckeye Partners, LP (BPL)
Xpress Block: Today was stock pickers day. OX named one of the top 100 places to work by the Chicago Tribune.
Strategy Block: Uncle Mike talks about the importance of doing stuff, BUT…
The skinny
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