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Option Block 451: Chinese Implosion

Trading Block: China meltdown. Chinese equities have suffered the sharpest one-day crash in eight years. Earnings: Bidu, Facebook, Twitter, Exxon Mobil. Will option traders ‘pin’ gold to $1,100/oz?

Odd Block: Call buyers in EXCO Resources Inc. (XCO), calls trade in Knowles Corp (KN), and calls trade in Pfizer Inc. (PFE)

Strategy Block: What is going on in the S&P 500?

Mail Block: Listener questions and comments.

Question from Jose - Avengers, JPW, Minions, so many big summer movies. What is a good way to play big movie releases with options? I have got about 10k in my trade account to use for…

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