Option Block 102: Turn Off the Idiot Box
Option Block 102: Turn Off the Idiot Box
Trading Block: Bonds rallied, volatility exploded. MF Global news, combined with inflation and the Japanese efforts to intervene in their currency, provided for a big up day in the dollar. Given the lack of volume, the market had a strong sell-off today. Here in Chicago the Merc and the Board had to come down and say no trading. Gold and silver, they've been down a bit and out of the news spotlight, but could there be another run on it give the lows here?
Odd Block: Unusual activity in:
Chesapeake Energy (CHK) - Traders came in and bought 12,000 of the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.