Option Block 213: Waxing Nostalgic about Floor Days
Option Block 213: Waxing Nostalgic about Floor Days
Trading Block: Apple hits 11-month low and is hovering around $500 strike off news of decreasing iPhone demand. Apple selloff put some vol back into the market. Good earnings -- despite the Apple news, 80% of S&P 500 companies that have reported so have beat their earnings estimates. A lot of volume in Dell.
Odd Block: Puts trade in Telefonaktiebolaget LM Ericsson (ERIC); large call seller in Charles Schwab Corp. (SCHW), and calls trading in Sealed Air Corp. (SEE).
Xpress Block: The Marches have gone up this week. Russell and ETFs. Gold…
The skinny
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