XLF Call Love, AAPL Box Spreads and the Tao of Don
Download Option Block 579: XLF Call Love and AAPL Box Spreads
Trading Block: Stocks rise as NASDAQ joins Dow, S&P and notch new record highs. Understanding the minutiae of VIX. The Tao of Don: Sell or sell not. There is no buy.
Odd Block: Calls trade in CBOE Holding Inc (CBOE), Massive calls trade in Financial Select SPDR (XLF), Calls trade in Bank of America Corp (BAC).
Strategy Block: Uncle Tosaw discusses trading collars in Apple
Mail Block/Options#QuestionOfTheWeek:
#CrudeOil has been volatile lately. $OIV, aka Oil $VIX, is 37.33. Where will #Crude #Volatility close on Friday?
- Between 37 – 38.5
- Between 38.5 – 40
- Below 37
- Above 40
Around the Block/This Week in the Market: Dec 9: Consumer Sentiment