Option Block 238: Markets Have a Headache
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Option Block 238: Markets Have a Headache
Trading Block: Weekly expiration this Friday. Exxon sells off after a disappointing earnings announcement. CBOE was down for most of the day, causing a lot of headaches. Bundesbank came out and rejected the "outright monetary transaction" taking the wind out of the sails today.
Odd Block: Put spreads trade in Open Text Corp. (OTEX),calls trade in Supernus Pharmaceuticals Inc. (SUPN), giant combination trades in Talisman Energy Inc. (TLM), and crushing volume in Incredimail Ltd…
The skinny
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