One-star reviews be damned! We’re still down on AAPL.

Download Option Block 455: The Peril of Legging Spreads

Trading Block: Our special guest today is Vlad Karpel, Founder of Tradespoon. Dow jumps triple digits; oil recovery boosts energy 2%. How should investors play falling Apple stock? Earnings today after the bell: Rackspace Hosting, Inc., Shake Shack, Inc., Take Two Interactive – TTWO $31.38, Straddle – $3.10 – Approx. 10%. BATS gets regulatory nod for second U.S. options exchange.

Odd Block: Calls and puts trade in Ensco PLC (ESV), calls trade in Oasis Petroleum Inc. (OAS), and calls roll in SYSCO Corp. (SYY)

Strategy Block: Tosaw analyzes SPX and SPY

Around the Block: Earnings!

  • Tuesday?- Fogo de Chao, Inc., Red Robin Gourmet Burgers, Tribune Publishing Company
  • Wednesday?- Cisco, Macy?s, Aramark, Roundy?s, Inc., BABA and CSCO
  • Thursday?- Applied Materials, Inc., Kohl?s, King Digital Entertainment, El Pollo Loco Holdings, Inc., Nordstrom Inc., Tribune Media Company,
  • Friday?- J.C. Penney