Trading Block: A strong move to the upside after the holiday weekend. VIX at 30 yet again ? is this becoming the new norm? Strong Black Friday sales compelling market. Metals/commodity rundown. Odd Block: Unusual activity in MGIC Investment Corp. (MTG); BlackRock, Inc. (BLK), and Charles Schwab Corp. (SCHW). Plus, an update on Guiled (GLID) from last week. Xpress Block: Rob discusses the extreme polarity last week from doom and gloom to consumer uplift on Black Friday. Has there been an uptick of people looking at SPXpm at OX? Around the Block: The afterglow of Black Friday and Cyber Monday are still driving all the major indices up. Dark clouds looming on the horizon in Europe. Groupon playing the mini-widowmaker down 9%. Unemployment, housing numbers, and non-farms later this week.

Trading Block: Dow back in the red for the year. Debt cutting debate concerns hit the market — reminiscent of the debt debate from August, only you don't see everyone loading up on VIX puts this time. Did they learn their lesson? Could more DC gridlock trigger another debt downgrade? Odd Block: Unusual and interesting activity in: Gilead Sciences Inc. (GILD) NII Holdings, Inc. (NIHD) Strategy Block: Andrew Giovanazzi from Option Pit discusses getting short the VIX without overloading on risk. Around The Block: Super committee debate dominates the outlook for this week — how do you position for this? Apple below the 375 handle for the first time in a while — maybe the best is behind Apple?

The Option Block all-star gang discusses Angie's List, Apple, S&P 500, simulating indexes, and more.

GRPN options are finally live. The Option Block All-Star panel dives into the fray…

Trading Block: How to use SPX movement in the downside skew to gauge the sentiment of a particular rally. An uncharacteristic sell-off in Apple — will they finally lose their grip on the 400 handle? Green Mountain Coffee closed at nearly $41 today, down a whopping 40%. Odd Block: Unusual activity in EBAY and Computer Science Corp. (CSC).Xpress Block: Tim Navabi takes the reins at discusses the reverse split of FAS at OX today and talks adjusted options. Around the Block: Disney earnings after the bell – Things are looking good in the house of Mouse, it closed at 34.60, trading about $1 higher in the after-hours. NVDIA after the bell – closed at about 14.5, trading about $0.70 higher. Under Armor, Mastercard, Red Hat and Ulta Salon all had nice small pops before earnings. Oil and TLT have both been on a significant rally.

Trading Block: A bit of a market turnaround, but mainly a relatively mild day. What a strange place VIX and volatility are in general right now. Priceline (PCLN) earnings today after the close, trading over $500. The frenzy began Friday as Groupon went public — when will the options go live? A quick Metals/commodity rundown. Odd Block: Unusual activity in: McMoRan Exploration Co. (MMR), Knight Capital Group (KCG) and Career Education Corp. (CECO)Xpress Block: John Grigus discusses the details of the MF Global account, which has brought about stress at OX fielding questions. Around the Block: Earnings! Disney 11/10 – General Motors 11/9 – Cisco 11/9. Also, jobless claims 11/10.

Trading Block: Greece! The other European countries have finally said enough is enough – they may survive without Greece, but Greece can't survive without them. It looks like the VIX was hedging its own bets, there was a giant relief sell-off like was last week. XLE up over 2% on the day. There's definitely been a lot of movement in energy today, when it feels like things are getting better, people flock towards energy – a good time to be a bull. Gold closed at the highest it's been in a while, gold and silver are starting to claw their way back after a recent pull-back in the Metal world. In the land of collars – the premiums in the weekly have been high enough, especially in GLD, to justify using some of the near term options. Strategy Block: Today feature of the strategy block will be a dual session, split by Andrew Giovinazzi and Mike Tosaw. Andrew starts by enlighten us on the uses of the front spread. What is a 1×2? How do you pick a front spread? With his turn, Tosaw discusses the back spread, including topics on modified stock repair strategies and hedging a front spread with a back spread. Around the Block: Back spreads – with the financials prone there are some opportunities because the volatility is at a point where it's cheap enough since they're moving so much. Keep an eye on Greece – Will they oust their prime minister? Greece is the word!