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Option Block 197: Driving Towards the Fiscal Cliff

Option Block 197: Driving Towards the Fiscal Cliff

Trading Block: Markets down following presidential election. What can we attribute this to? There is strength in inelastic demand, inflation sensitive assets like GLD, corn, soybeans and wheat.

Interview Block: Newcomer David Peltier, Portfolio Manager for TheStreet.com’s Stocks Under 10, gets his own segment to let our listeners get to know him and Stocks Under 10 a little better.

Odd Block: Harmony Gold (HMY): a customer sold about 6,500 Jan 13 10 calls at $0.20; Exco Resources Inc. (XCO): a customer bought Dec 7 and Dec 8 calls, in a "call…

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