Oil/oil related issues are still dominating trading. Crude taking it on the chin. Brent & WTI hovering at crazy ranges.
Click here to access Option Block 394: Oil Speculators Get Burned
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Trading Block: Oil and oil related issues are still dominating trading – crude taking it on the chin. Brent and WTI hovering at crazy ranges. Most recent CFTC data shows increased net long positions. VIX, VXST and VVIX
Odd Block: Golar LNG Limited (GLNG), AGCO Corporation (AGCO), and Neptune Technologies & Bioressources-Ord (NEPT)
Xpress Block: A look at one of the coolest tools OX offers – The Walk Limit.
Mail Block: Listener questions and comments.
Question from Josh B – What is your favorite product to use for an options play on oil?
Question from Elian04 – I think we got a bounce coming in crude back to the 75 handle in the next month or two. Best bets?
Around the Block: Earnings this week: Blackberry and Nike. Fed coming up this week.