When straddles get nasty. That could be a reality show, don’t you think?

Click here to access Option Block 445: ?Pricing Straddles at the Nasty Point

Trading Block: CBOE and C2 Options Exchange total trading volume up 16% in June. Surge in Europe stock options volume shows race to hedge Greece. A few dozen Chicago traders will don their multicolored jackets to trade soybean and forex futures the old-fashioned way one last time on Monday, marking the end of 167 years of open-outcry trading in the city where it was born. Oil at 3-months low as outlook darkens again.

Odd Block: Rolling calls in Office Depot (ODP), calls trade in Hilton Worldwide Holdings Inc. (HLT), puts trade in Chevron Corp. (CVX), and calls trade in Blackstone Group LP (BX).

Strategy Block: Tosaw discusses how he prepared for the holiday weekend.

Mail Block: Listener questions and comments

  • Question from Fred – Been having problems finding an options paper trading account that does not require me to fund an account. Any suggestions?

Around the Block: Earnings – New earnings season kicks off with Alcoa, PepsiCo, and Walgreens.