Trading Block: Mostly bullish day. End of selloff in SLV, and everyone is happy again. Puts enable long-term sentiment. The beauty of collars. Citi reverse split and the drop heard ’round the world.
Odd Block: Research in Motion – RIMM – ADV = 92k, does 175k with traders expecting downside bearish trend to continue with sizable put flies going on. H&R Block – HRB – ADV = 7k, does 30k on the rumor that it may have to buy back billions in failed mortgages.
Around the Block: More earnings to come: CSCO, Disney, Activision; crude inventories, jobless claims, PPI, CPI.
Coming up at:
Know Your Options: Blood, Sweat & Tears this Saturday at the blood drive for Physicians Express in St. Charles. Come on by.
Options Insider: Look for the explosion of radio content coming to you from the 2011 OIC conference in Savannah Georgia.
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