Option Block 148: Bizarro Day

Trading Block: Preparing for Non-farms tomorrow. Now is a great time to get out of any short premium, if it's for a small price, and moving into long VIX calls. Gold got smacked out today. Natural gas up while oil and coal and both down. Odd Block: Interesting and usual activity in Herbalife Ltd. (HLF), Green Mountain Coffee Roaster (GMCR), and earnings plays in LinkedIn (LNKD) and First Solar (FSLR).Xpress Block: Tim Navabi discusses the broker as a tool. Know what you're getting into, have your information prepared, as most important of all, listen to your broker. Strategy Block: Mike Tosaw tells a story involving the Simulated Index Concept. Moral "Is the risk justified in the decision that you're making, with the trade you're making." Around the Block: A very short block today. Looking forward to Non-Farm payrolls.

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Option Block 147: Is ZYNGA the Synthetic Facebook?

Trading Block: Most of the bleeding in the NASDAQ came from Apple, down again, and having trouble holding its highs. Denny's earning after the bell.Odd Block: Interesting and usual activity in Manitowoc Company, Inc. (MTW), and Warner Chilcott LTD (WCRX). Xpress Block: John Grigus discusses the integration of Charles Schwab and optionsXpress and the new "money move" feature. They're also getting some calls about Facebook, ie., when does the IPO go public? What might its opening price be on its first day of trading?Around the Block: TLT and its reaction to Europe. An update on Denny's. Non-farm payrolls on Friday. OIC in New Orleans this week.

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Volatility Views 51: Risk Managers: The Adults in the Group

Volatility Views 51: Risk Managers: The Adults in the Group

Volatility Review: VIX options were absolutely crushed this week. Apple after earnings and its effect on NASDAQ vol. Don and Sebastian weigh in on VVIX.Volatility Viewpoint: Volatility Views welcomes back Euan Sinclair, author and risk manager at Bluefin Trading, to discuss risk management and his work on the barrier (or first time) method for calculating volatility. Euan gives a quick sneak preview of the updates to his book. The group also discusses Euan's opinion on vol of vol, and if the universe of ETPs has dramatically affected the vol of vol.Crystal Ball: Sebastian is looking at a 14-handle in the VIX and observed that S&P realized volatility was already in the 14s and would probably maintain those levels. Now that Apple's earnings are out of the way, what to look for in the NASDAQ? Getting close to the summer doldrums.

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Volatility Views 51: Risk Managers: The Adults in the Group

Volatility Views 51: Risk Managers: The Adults in the Group

Volatility Review: VIX options were absolutely crushed this week. Apple after earnings and its effect on NASDAQ vol. Don and Sebastian weigh in on VVIX.Volatility Viewpoint: Volatility Views welcomes back Euan Sinclair, author and risk manager at Bluefin Trading, to discuss risk management and his work on the barrier (or first time) method for calculating volatility. Euan gives a quick sneak preview of the updates to his book. The group also discusses Euan's opinion on vol of vol, and if the universe of ETPs has dramatically affected the vol of vol.Crystal Ball: Sebastian is looking at a 14-handle in the VIX and observed that S&P realized volatility was already in the 14s and would probably maintain those levels. Now that Apple's earnings are out of the way, what to look for in the NASDAQ? Getting close to the summer doldrums.

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Option Block 146: The Art of Position Management

Trading Block: Apple, Apple, Apple! Off to the upside post earnings after getting beaten up last week. Waiting for Zenga and Amazon earnings after the bell.Odd Block: Unusual and interesting activity in Skullcandy, Inc. (SKUL), Aetna (AET), and Omnicom Group Inc. (OMC).Strategy Block: Uncle Mike discusses his recent moves and strategy with Apple within the last week. Around the Block: Earnings Update: Amazon off to the races, Zenga unchanged. Ford before the bell tomorrow. Eastman/Kodak earnings too, but it's trading at $0.28.

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Option Block 145: What Is the Point of Open Interest?

Trading Block: The term structure of the VIX was today's worst enemy. Netflix, the widowmaker, reporting after the bell, and exhibiting its typical bad behavior. Apple seems stuck in the $570 range going into earnings. Revisiting a question from last week, what account size do you need to really trade Apple effectively? Odd Block: Unusual and interesting activity in Aastrom Biosciences (ASTM), IAC Interactive Corp. (IACI), and Old Fields Ltd (GFI).Xpress Block: Tim Navabi discusses earnings and some of the things you may want to be concerned about when trading options going into earnings.Mail Block: Taking on listener questions.Around the Block: The big news is Apple earnings tomorrow. Will the continued decline in Apple have a continued affect across the broad market? Andrew's favorite, Zenga, reports earnings on 4/26. Also, Amazon 4/26, Ford 4/27, AMZN 4/26, and F 4/27

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Volatility Views 50: Listener Mail Extravaganza

Volatility Views 50: Listener Mail Extravaganza

Volatility Review: NASDAQ (aka Apple+) is starting to see a rise in realized volatility, as had been anticipated. VIX looks like it is settling back into a range, so we will have to see if it holds where it is or moves yet again. We seem to be in flux; there's no real trend here. Listener Mail: The panel answers your questionsCrystal Ball: NASDAQ volatility at nearly historic lows, which Don predicts will rise over the short term. However, he did not say "buy 'em." Remember his motto re options: "Sell, or don't sell." Sebastian discusses shocking bond movement, earnings season, and Apple.

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Volatility Views 50: Listener Mail Extravaganza

Volatility Views 50: Listener Mail Extravaganza

Volatility Review: NASDAQ (aka Apple+) is starting to see a rise in realized volatility, as had been anticipated. VIX looks like it is settling back into a range, so we will have to see if it holds where it is or moves yet again. We seem to be in flux; there's no real trend here. Listener Mail: The panel answers your questionsCrystal Ball: NASDAQ volatility at nearly historic lows, which Don predicts will rise over the short term. However, he did not say "buy 'em." Remember his motto re options: "Sell, or don't sell." Sebastian discusses shocking bond movement, earnings season, and Apple.

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Options Boot Camp 3: Buying Options

Options Boot Camp 3: Buying Options

Join Mark, Dan and special guest Joe Burgoyne from the OIC as they unravel the mysteries of buying options. They cover the basics of buying options, provide examples of bullish and bearish positions and also discuss some common mistakes made by novice option buyers. In the Roll Segment, the team is joined by Benny Joseph to discuss the many new options features in the Zecco mobile app for iphone and android. Lastly, Mark and Dan answer listener questions from the Zecco community. All that and more on this episode of Options Boot Camp.

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Option Block 144: Walking into the Bandsaw of Theta

Trading Block: Tosaw's run with Apple may be on its last legs. Loads of earnings after the close: NOT AAPL, but AMD, Bank of America (BOA), and Microsoft (MSFT). Odd Block: Unusual and interesting activity inPandora Media, Inc. (P), CBS Corp. (CBS), and EXCO Resources, Inc. (XCO).Xpress Block: Tim Navabi discusses being prepared for expiration and keeping an eye on your position during price swing movements. Strategy Block: Uncle Mike Tosaw discusses how to get back into a stock once you have been called out of it. Around the Block: More earnings coming up.

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Option Block 143: Apple Apocalypse

Trading Block: S&P rally vs. NASDAQ (Apple) apocalypse. AAPL sold out aggressively, down about 4%. Tosaw suggested last week the many buyers were lurking around $600. Priceline, Google and Apple were all down on the day. Andrew has a theory on why. Ten-year note rebound.Odd Block: An Apple overview, and unusual activity in Arvin Meritor INC. (MTOR). Xpress Block: John Grigus sits down in the OX hot seat and discusses earnings, Citi and OX's parent company, Charles Schwab. Other activity in Starbucks, Amazon and Chipotle. Mail Block: Capitol requirement for trading AAPL?Around the Block: Keeping an eye on Spain. Huge earnings week ahead: APPL, CMG, BAC, INTC, AMD, NOK all this week.

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