Option Block 543: Broker Buying Sprees and Earnings Breakdowns
Trading Block: Big news! OptionsHouse is now the sponsor of The Option Block.
Earnings today include CME, FORD, DOW.
Ford off nearly 9%
AMZN: $748.50. ATM Straddle approx. $50, 6.6%
GOOG: $742. ATM Straddle approx. $38.50, 5%.
Odd Block: Calls trade in ETSY Inc. (ETSY), calls trade in The Technology SPDR (XLK), calls and puts trade in Yandex NV (YNDX)
Mail Block: Listener questions and comments
Question from AWorth: Can the Options House guys explain how their short buyback program works? Is it only for outright shorts, or if I have a short leg of a spread that is near the money on expiration…
The skinny
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