Option Block 118: Buying Cheapy Premium
Option Block 118: Buying Cheapy Premium
Trading Block: Market mostly unchanged today. Vol off modestly - a decent day for gamma scalping in the VIX. Jobless claims modestly lower - the market shrugged it off. A Metals/Commodities rundown. Apple on a little bit of a tear which has rallied since mid-December, augmented by a lot of attention with the CES next week. A quick discussion of butterfly and iron butterfly positions.
Odd Block: Unusual activity in Barnes & Noble, Inc. (BKS) and Fossil, Inc. (FOSL).
Xpress Block: Tim Navabi discusses the recent surge in costumers buying risk, with Bank…
The skinny
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