Option Block 248: The Ice Is Always Melting
Option Block 248: The Ice Is Always Melting
Trading Block: It was a bit of a head scratcher today, as an infusion of end-of-day buying threw a wrench into the machine. Disappointing ISM numbers, putting a laser focus on the jobs numbers out Friday. Market share and volume day with overall total options volume up 3% in May.
Odd Block: Very near-term bullish play in Iron Mountain Inc. (IRM), sizable spread trade in WisdomTree Japan Hedged Equity Fund (DXJ), and put spread trades in Corning Inc. (GLW).
Xpress Block: Fanny Mae, Tesla, Zynga and the 10-year lighting up the tape. The Apple minis…
The skinny
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