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Option Block 141: Getting Long Prison Premium

Option Block 141: Getting Long Prison Premium

Trading Block: Market down today in the wake of weak non-farm numbers on Friday. Yet Apple still up, if only by 1/2%. VIX heading north. It’s the $1billion day -- Microsoft buys 800 AOL patents for $1B and Facebook buys Instagram for $1B.

Odd Block: Interesting and unusual activity in America Online (AOL) and Corrections Corps of America (CXW).

Xpress Block: John Grigus sits down at the OX desk and discusses the possibility of mini-stocks (1/10th size).

Mail Block: Open Interest Question:

I am entering the world of trading weekly options. With…

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