Option Block 204: Juicy AAPL Puts
Option Block 204: Juicy AAPL Puts
Trading Block: Market roughly unchanged on the day. Apple reversing its recent selloff on renewed Apple TV rumors. Apple & FoxConn also investing in American manufacturing and distribution. Holiday sales looking strong so far. Jobless claims drop after Hurricane Sandy. Sirius declares dividend and buys back $2B worth of shares. Are they yet another company trying to move up their special dividend to avoid next year's tax increase?
Odd Block: Put calendar buying in SPDR S&P 500 Trust ETF (SPY), selling put spreads in iShares MSCI Index Fund (EFA), and buying…
The skinny
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