Option Block 169: Synthetic Puts and the Fudge Factor
Option Block 169: Synthetic Puts and the Fudge Factor
Trading Block: A selloff across the major indices today, amid concerns about financing in Spain. IMF is about to stop payments to Greece, thus increasing the odds of insolvency by September. VIX gets weekend back and then some. Even McDonald's can't make money in this environment - down about 3% after recent earnings.
Odd Block: Unusual and interesting activity today in BCE Inc. (BCE) a Canadian telecommunications company, Logitech International (LOGI), and Under Armour (UA).
Xpress Bock: Sean Fitzgerald once again takes the hot seat and…
The skinny
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