Option Block 181: Apple Overlord

The Option Block
11/09/2012 51 min
Option Block 181: Apple Overlord

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Episode Synopsis

Option Block 181: Apple OverlordTrading Block: A mild down day on the Street. VIX off to the races. Positioning after the jobs number. Apple pullback ahead of Wednesday event. Intel lowers guidance and is promptly down 3%.  Odd Block: Calls active as Talisman Energy appoints new president and CEO (TLM); block trade fever in Financial Select Sector SPDR Fund (XLF); and Leap Frog puts flying out the door (LPF). Xpress Block: John Grigus takes the reins of the Xpress Block today and discusses the buzz around Amazon. Spoiler alert! Calls are on the rise.   Around the Block: Fed on Wednesday, waiting to see if the Bernanke put is exercised. Apple also on Wednesday.

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