Option Block 219: Trading Options to Infinity and Beyond
Option Block 219: Trading Options to Infinity and Beyond
Trading Block: Zynga blows the doors off the market - the 2.5 puts were the sale of the century. Disney reported earlier this week, and is selling well. Activision gets a little bit of a bump to the upside. Shareholders filing suit against Apple as their cash reserve grows.
Odd Block: Puts trade in DeVry Inc. (DV), puts trade in JPMorgan Chase & Co. (JPM), and a big block of calls trades in Marathon Petroleum Corp. (MPC).
Xpress Block: Best Buy and Blackberry were popular at OX. A phenomenal amount of puts selling - short put call is…
The skinny
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