Listen "Option Block 524: From Footloose to Options Trading"
Episode Synopsis
Trading Block: Weekend Review: VIX Options and Futures 5/9 through 5/13. Has VIX bottomed? Yen volatility surges as Central Bank meetings loom. Hedge funds are not what they used to be. Odd Block: Puts trade in Twitter Inc. (TWTR), puts trade in Materials Select Sector SPDR (XLB), and puts trade in CF Industries Holdings inc. (CF) Strategy Block: Uncle Mike Tosaw discusses ratio spreads and sector investing. Mail Block: Last week, the options question of the week was "What is your favorite options trading film?" TWTR weighed in with the following: 69% Trading Places 23% Rogue Trader 8% Quicksilver and Mark B. offered up 9 1/2 weeks because Mickey Rourke was an arbitrageur. Have you ever used the FCOJ scene from Trading Places to explain to people what you do? Around the Block : Where will we see SPX, GLD, crude this week? Fed on Wednesday.
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