Option Block 384: BABA Preview and Ratio Spread Breakdown
Option Block 384: BABA Preview and Ratio Spread Breakdown
Trading Block: A mild day on the street. The bloodbath in crude continues - closing down on the day. Alibaba now worth more than Wal-Mart. Apple iWatch to be delayed - not affecting AAPL on the day.
Odd Block: Calls trade in CBS Corp. (CBS), puts trade in Gerdau SA (GGB), and giant call buyer in Autodesk (ADSK).
Xpress Block: Amazon, declining oil and other conversation topics from OX social.
Strategy Block: Uncle Mike Tosaw discusses the ratio spread strategy in combination with stock.
Around the Block: Non-Farms on Friday. BABA…
The skinny
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