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Option Block 127: Predicting Facebook's First Day Closing Price

Option Block 127: Predicting Facebook’s First Day Closing Price

Trading Block: Apple is back to the races following the Nortel patent news -- up 10% post earnings and vol popping to the upside. Groupon down 14% - AGAIN. Cisco earnings were decent, but is the worst over? CBOE announces record volume numbers - stock shrugs in response. Activision out after the bell - now trading close to $13. LinkedIn after the bell as well. Tis the season to trading earnings long premium.

Odd Block: Unusual activity in IROBOT, (IRBT) AMDOCS LTD - (DOX), and a RENN review from Jan 30.

Xpress Block: Jon Grigus…

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