Option Block 545: Dump Like an Elephant
Trading Block: Earnings today: AMC Networks, HH Gregg, Icahn Enterprises, MGM Resorts International, Nokia Corporation, Starwood Property Trust, Time Inc. (before); Activision Blizzard, Almo Group, Bats Global Markets, LinkedIn Corporation, Lions Gate Entertainment Corporation, Weight Watchers International, Zillow (after). ATVI at $40.84, approx. 7%. Takeover rumor sparks busy day in Twitter options.
Odd Block: Aug call buyers in Comcast Corp (CMCSA), selling calls in Noble Corporation PLC (NE), and put buying in Market Vectors Gold Miners ETF (GDX).
Mail Block/Options Question of the Week…
The skinny
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