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Option Block 249: Great Expectations

Option Block 249: Great Expectations

Trading Block: Another schizophrenic day on the street. McDonald's announces some 24-hr stores will serve breakfast after midnight. The Zynga apocalypse! A big move in Apple.

Odd Block: Calls trade in Savient Pharmaceuticals Inc. (SVNT), a collar unwinds in DOLE Food Company (DOLE), and call spreads trade in Tessera Technologies Inc. (TSRA).

Xpress Block: What's new in the Idea Hub, weeklies, etc?

Listener Mail: In which you, the listener, take over the program.

Question from John King ‏@jking321: Have you read Schaeffer’s theory that Friday selloff due to…

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