Option Block 225: Spreads with Benefits
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4
Option Block 225: Spreads with Benefits
Trading Block: The market is apparently shrugging off the Sequester with a mild rally as of mid-day. Implied and realized volatility cross, which is a very rare occurrence. Google feeling the love and broke the 800 level, while Apple feeling the heat falling well south of $450. Groupon is showing some signs of life bouncing dramatically off lows around $4.25.
Odd Block: Risk reversals trade in Bridgepoint Education Inc. (BPI), call buyers in Zhongpin Inc. (HOGS), calls trade in…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.