Option Block 206: The Secret World of Open Interest
Option Block 206: The Secret World of Open Interest
Trading Block: It was a bloody day on the market; screens were nothing but a sea of red. Apple is now creating its own vol excitement, this time in the 500's. Is Tosaw a degenerate weekly premium seller? VIX cash headed towards the upside. GLD is at a 13 vol -- how low can it go?
Odd Block: More bullish trading in Quicksilver, Inc. (ZQK) and Golden Minerals Co. (AUMN), also selling paper in AuRico Gold, Inc. (AUQ). Plus, a comment from Duffy: What's the best way to tell if a particular options activity is closing or opening transaction?…
The skinny
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