Answering burning questions like, have you ever used the FCOJ scene from Trading Places to explain to people what you do?

Download Option Block 524: From Footloose to Options Trading

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.