Option Block 492: The Great Stupid Debate
Trading Block: U.S. stocks rally from 3-Month lows as energy, healthcare lead. Goldman plans to cut up to 10% of fixed-income traders, salespeople. Before the bell: JP Morgan Chase. What crisis? JPMorgan Chase reports $5.4 billion profit. After the bell: Intel Corporation. ATM Straddle - $1.45, ADV 72K contracts, today: 115K.
Odd Block: Puts trade in Fiat Chrysler Auto NV (FCAU), calls trade in KKR and Co. LLP (KKR), and calls trade in Blackstone Group (BX)
Mail Block: Listener questions and comments
Question from Kddidy - Thanks for answering my questions! I want to protect a stock position…
The skinny
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