Option Block 456: A Constitutional Amendment for Options
Trading Block: Bearish options bets on Apple are spiraling higher. Stocks to Watch: Tesla Motors Inc. (TSLA) +2.26%), American Apparel Inc. (APP), Lenovo Group Ltd. (HKG). OCC and U.S. Securities Market Coalition ask U.S. Department of Labor to allow use of listed options in retirement accounts.
Odd Block: Calls trade in SYSCO Corp (SYS), puts trade in SPDR Barclays Capital High Yield (JNK), and puts trade in Technology SPDR (XLK).
Mail Block: Listener questions and comments
Question from Mark Brant - Is insurance against assignment legal? Why not pay a fee for the broker to absorb assignment…
The skinny
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