Option Block 102: Turn Off the Idiot Box

Trading Block: Bonds rallied, volatility exploded. MF Global news, combined with inflation and the Japanese efforts to intervene in their currency, provided for a big up day in the dollar. Given the lack of volume, the market had a strong sell-off today. Here in Chicago the Merc and the Board had to come down and say no trading. Gold and silver, they've been down a bit and out of the news spotlight, but could there be another run on it give the lows here?Odd Block: Unusual activity in Chesapeake Energy (CHK), The Materials Sector (XLB), and Herbalife (HLF).Strategy Block: Host Mark Sebastian gives a special strategy block, "Turn off the Idiot-Box". If you're an active trading, turn off what CNBC thinks the market may do and watch the market the see what it actually does and you are bound to have better success.Around the Block: Looking for some follow through on last Thursday's big volume move or any stocks that hit new highs and were able to hold on to those highs. A lot of earnings and employment data come out this week, so you may be on the edge of your seat. Tomorrow may be a big day, as people try not to miss another big up-turn. But overall the tone will be set by the international markets.

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Option Block 102: Turn Off the Idiot Box

Trading Block: Bonds rallied, volatility exploded. MF Global news, combined with inflation and the Japanese efforts to intervene in their currency, provided for a big up day in the dollar. Given the lack of volume, the market had a strong sell-off today. Here in Chicago the Merc and the Board had to come down and say no trading. Gold and silver, they've been down a bit and out of the news spotlight, but could there be another run on it give the lows here?Odd Block: Unusual activity in Chesapeake Energy (CHK), The Materials Sector (XLB), and Herbalife (HLF).Strategy Block: Host Mark Sebastian gives a special strategy block, "Turn off the Idiot-Box". If you're an active trading, turn off what CNBC thinks the market may do and watch the market the see what it actually does and you are bound to have better success.Around the Block: Looking for some follow through on last Thursday's big volume move or any stocks that hit new highs and were able to hold on to those highs. A lot of earnings and employment data come out this week, so you may be on the edge of your seat. Tomorrow may be a big day, as people try not to miss another big up-turn. But overall the tone will be set by the international markets.

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Option Block 101: Size Money vs. Smart Money

Trading Block: The market is off to the races…again. Strong rallies across the board. VIX cash finally makes its way down into the sub-30 range, welcome news for those who have been leaning to the downside in VIX. European leaders expand bailout fund – 50% write-down on Greek debt. Is the European debacle behind us? Strong economic data — the economy grew at 2.5%, consumers strongest since Q4 2010. Also, a strong earnings season so far — more than half of the companies in the S&P 500 have released quarterly results since Oct. 11, and about three- quarters have beaten the average analyst estimate.Odd Block: Unusual activity in: Avon Products, Inc. (AVP), MGIC Investment Corp. (MTG), and HL ? Hecla Mining Co. Xpress Block: Tim Navabi runs down the recent activity at OX. Buy, buy, buy! Traders are getting long as sellers are exhausted and saying goodbye to the puts holders. Using a LEAP as a covered call swap out – the LEAP vs. the short term call. What happens to that LEAP if your front month option expires or is about to expire and the option is in the money? Around the Block: An update that the Baidu (BIDU) earnings just came out and in the afterhours is trading, hovering around $1.50. Netflix trading in the 80 handle, creating widows left and right. Amazon down as well, closed today at about $2.07, was trading as high as $2.40 before earnings. MF Global hitting the 4 handle, a lot of activity in the Nov 01 puts – not a good sign.

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Option Block 101: Size Money vs. Smart Money

Trading Block: The market is off to the races…again. Strong rallies across the board. VIX cash finally makes its way down into the sub-30 range, welcome news for those who have been leaning to the downside in VIX. European leaders expand bailout fund – 50% write-down on Greek debt. Is the European debacle behind us? Strong economic data — the economy grew at 2.5%, consumers strongest since Q4 2010. Also, a strong earnings season so far — more than half of the companies in the S&P 500 have released quarterly results since Oct. 11, and about three- quarters have beaten the average analyst estimate.Odd Block: Unusual activity in: Avon Products, Inc. (AVP), MGIC Investment Corp. (MTG), and HL ? Hecla Mining Co. Xpress Block: Tim Navabi runs down the recent activity at OX. Buy, buy, buy! Traders are getting long as sellers are exhausted and saying goodbye to the puts holders. Using a LEAP as a covered call swap out – the LEAP vs. the short term call. What happens to that LEAP if your front month option expires or is about to expire and the option is in the money? Around the Block: An update that the Baidu (BIDU) earnings just came out and in the afterhours is trading, hovering around $1.50. Netflix trading in the 80 handle, creating widows left and right. Amazon down as well, closed today at about $2.07, was trading as high as $2.40 before earnings. MF Global hitting the 4 handle, a lot of activity in the Nov 01 puts – not a good sign.

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Option Block: The 100th Episode Extravaganza

Trading Block: A brand new Options Insider website! Are there any legs to the rally? Where was VIX during this rally? Netflix, the window maker, released earnings after the bell.Odd Block: Unusual activity in: Bank of America – (BAC) & H.J. Heinz Co. – (HNZ) Xpress Block John Grigus from OX discusses his interesting first two calls of the day – customers ask "Why was I assigned on OTM options? Why was I not assigned on ITM options?" A review of the first few weeks of trading in SPXpm.Around the Block An update on Netflix, will it bounce? Amazon earnings out 10/25, after the bell – is it wise to have underlying going into the earnings?

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Option Block: The 100th Episode Extravaganza

Trading Block: A brand new Options Insider website! Are there any legs to the rally? Where was VIX during this rally? Netflix, the window maker, released earnings after the bell.Odd Block: Unusual activity in: Bank of America – (BAC) & H.J. Heinz Co. – (HNZ) Xpress Block John Grigus from OX discusses his interesting first two calls of the day – customers ask "Why was I assigned on OTM options? Why was I not assigned on ITM options?" A review of the first few weeks of trading in SPXpm.Around the Block An update on Netflix, will it bounce? Amazon earnings out 10/25, after the bell – is it wise to have underlying going into the earnings?

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Option Block 99: Selling MSFT Premium

Option Block 99: Selling MSFT PremiumTrading Block: A rare fairly uneventful day. Chipotle Mexican Grill with earnings after the bell – Is CMG the other Apple? Microsoft after the close – a whopping non-event. Odd Block: Unusual activity in: Microsoft (MSFT) & BP PLC ? (BP)Xpress Block: News on the OX app for iPhone and soon to be released app for iPad. When might listeners of the Options Insider be able to stream and download this show through the OX app? Around the Block: Amazon next Tuesday – A counter-pole to Apple right now, given their rival content ecosystem. General Nutrition Corporation with earnings tomorrow, GNC has been making some interesting volume spikes recently. Ford earnings next Wednesday – how to prep for this.

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Option Block 99: Selling MSFT Premium

Option Block 99: Selling MSFT PremiumTrading Block: A rare fairly uneventful day. Chipotle Mexican Grill with earnings after the bell – Is CMG the other Apple? Microsoft after the close – a whopping non-event. Odd Block: Unusual activity in: Microsoft (MSFT) & BP PLC ? (BP)Xpress Block: News on the OX app for iPhone and soon to be released app for iPad. When might listeners of the Options Insider be able to stream and download this show through the OX app? Around the Block: Amazon next Tuesday – A counter-pole to Apple right now, given their rival content ecosystem. General Nutrition Corporation with earnings tomorrow, GNC has been making some interesting volume spikes recently. Ford earnings next Wednesday – how to prep for this.

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The Option Block 98: Playing Apple Earnings

Trading Block: Volatility rundown. Issues with the structure of the VIX – is it time to revamp the "Fear Index." Hot Metals action. Odd Block: One massive bull in CHMT. Sizable bullish call activity in USU.Xpress Block – Debating the use of market orders by retail options traders.Around the Block: Playing AAPL earnings with options. Is a buywrite synthetic your best bet?

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Option Block 96: Resetting the VIX Bar

Trading Block: VIX finally gets to the mid-30s! The bar for has been raised. Apple without Jobs – down 0.5%. What effect could Jobs have on Apple stock post-mortem, or is this a turning point for Apple?Odd Block: Unusual activity in Mortgage insurer MBIA Inc. (MBI); Children's Place Retail Stores, Inc. – (PLCE)Xpress Block: Tim Navabi grabs the reins and discusses what was trading today at OX, as well as a rundown of some of the commodity movers. CBOE also recently unveiled SPXpm — has it been successful?Around The Block: Nonfarms: October 7 Gold and Silver are both consolidating, something to definitely check out. Apple earnings: October 18. Google earnings: October 13

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