Option Block 279: OTM Fly Breakdown
Option Block 279: OTM Fly Breakdown
Trading Block: There was a mild rally today. All Facebook all day at OX.
Odd Block: Calls trade in Juniper Networks, Inc. (JNPR), puts trade in iShares MSCI Australia Index (EWA), calls trade in Hertz Global Holdings, Inc. (HTZ), and risk reversal trades in St. Jude Medical (STJ).
Xpress Block: Biotech, mobile, and hedging activity pouring in. What are the GLD traders trading? Let’s take a look: 1-SPY, 2-SLV, 3-APPL, 4-FB, 5-DUST (daily gold miners bear 3X ETF), 6- JCP, 7- USO, 8- GDX (market vectors gold miners), 9 - GE, 10 – TSLA. What about SLV? 1-SDS…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.