Option Block 32: Super Bowl Shuffle

    • Trading Block: VIX vs. VXX; Financialls rally; AOL + HuffPo; Oil on the move; AAPL upgrade + low vol = ??
    • Odd Block: BAX Aug 55 Calls sell 25k times; Rollin’ shorts: BPOP 10x normal volume
    • Xpress / Spread Block: Commodities on the move: Cotton, lean hogs, oats, wheat natural gas, rough rice, cattle; Top in natural gas? Most traded stocks at OX: SPY, AAPL, SPX, QQQQ, F, FFIV, BAC, GE.
    • Strategy Block: Incorporated weeklys into strategies: ratio spread, vertical spread, horizontal spread
    • Around the Block: Jobless claims; Earnings watch: Cisco, Activision, Chipotle
    • Know Your Options Upcoming Events: Saturday, Uncle Mike will be a guest presenter at optionsXpress’ Minneapolis event where he will be discussing “”Puzzle Pieces: Options for Multiple Purposes.”” On Sunday, Know Your Options will be hosting a “”It’s All Greek to Me”” webinar. Monday will feature a “”Hedging A Stock”” webinar.  PLUS, get a free, 18-minute portfolio review when you visit knowyouroptions.com/free.  In the 1st name box, put “”GMS”” (Greasy Meatball Sandwich) after your name for Uncle Mike’s special Option Block review.

    The Option Block All-Star Panel Includes:

              o Mark LongoThe Options Insider
              o Mike TosawKnow Your Options Inc.
              o Mark SebastianOption Pit
              o Tim NavabiOptionsXpress