Option Block 112: VIX Resistance
Option Block 112: VIX Resistance
Trading Block: VIX cash back above 30, how long can it last? MF Global disaster continues to get worse, with no clue as to where customer money is. Customers are making additional margin payments because their funds at MF Global are frozen. This disaster may have ramifications for years to come. Metals/commodity rundown -- volatile gold and silver. Ford brought their dividend back after five years.
Odd Block: Three-legged spreads. Unusual activity in Yahoo!, Inc. – (YHOO) andLiz Claiborne, Inc. – (LIZ). Plus, an update on last week's activity review: RIMM and…
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