Option Block 341: Weird Activity In Colgate-Palmolive

The Option Block · May 23, 2014 · 1h

Option Block 341: Weird Activity In Colgate-Palmolive

Trading Block: A surprising VIX given the upcoming holiday weekend. Record low levels in some beloved Option Block names. We saw a massive upside call going up in VIX early this week. The U.S. options exchanges are working jointly toward the development of a uniform obvious error rule to nullify or adjust transactions that meet the definition of an obvious or catastrophic error. OCC and US Options Exchange adopt pre and post-trading risk control principles.

Odd Block:

Closing puts buyers trade in HMS Holdings Corp. (HMSY)

Puts sellers…