Option Block 115: Scooping Cheap Volatility
Trading Block: A volatility/VIX rundown — it’s up, it’s down, it’s in lockstep with the market, it does its own thing. It’s VIX madness. Zenga, a new tech name to hit the market — can it follow in the footsteps of Linkedin, Groupon, Angie’s List or the other 2011 tech bubble names? A Metals/commodity rundown.
Odd Block: Unusual activity in Norfolk Southern Corp. (NSC), St. Jude Medical, Inc. (STJ), and an Odd Block review from 10/27 on Hecla Mining Co. (HL).
Xpress Block: Tim Navabi discusses the busy Friday expiration, taking calls from customers about deep in-the-money spreads and other goings on at OX.
Around the Block: What are we watching this holiday week? Buffalo Wild Wing (BWLB) joins the Wheel of Fun, also game developer Take 2. It?s a holiday week, so plan accordingly if you are long premium.
“