Alternate title: the inverse correlation between sexiness and efficacy
Option Block 434: Buy SPY Calls and Go Away
Trading Block: Buying SPY for the summer. The absence of fear – How low can the VIX go? Stocks rise to near records; oil jumps above $60. Someone made a quick buck trading cable mergers – Cablevision soared 18 percent on Wednesday
Odd Block: Calls trade in Sphere 3D corp. (ANY), calls trade in TYCO Intl PLC (TYC), and calls trade in Advance Auto Parts, Inc. (AAP)
Mail Block: Listener questions and comments
Question from David S. – I think Apple is writing/buying options. Check my blog post for an option oddity: – http://bravo0123.tumblr.com. Why would they do this? I do not know, it?s only 6 million shares for Apple. Can I profit off this guess? Not sure.
Around the Block: Earnings: Big-box retailers step into the spotlight for earnings this week – i.e.