Option Block 51: The Value of Fort Knox
Trading Block: SLV – Can it possibly solve all the world’sproblems? Irrational exuberance much? The value of the gold in FortKnox. VIX moves 2% intra day.
Odd Block: Tax season not being kind for HRB. Major bearishtrade goes up. Is it vol, or the business model? Bullish play in LNGwhere 2100 Sep calls trade on a strike with open interest of 700contracts.
Xpress Block: Forex – new forex platform is coming to OX. Johndiscusses how it will be integrated into the site, as well as Xtend. OXsoon to offer one-click forex trading.
Around the Block: Trading halts in several Chinese companies goinginto April expiration. What does it mean for options that arein-the-money? Corporate earnings: are expectations so high that themarket is just setting itself up for disappointment? Mike and Mark seeroom for a selldown.
“