Option Block 149: Beignets, Chicory Coffee, and Facebook
Trading Block: Markets marginally changed. Thoughts on the Bloomberg article comparing it to the Markit CDX North America High Yield Index. The European issues continue. Post-elections reactions. Keeping an eye on EA after hours.
Odd Block: Interesting and unusual activity in iStar Financial Inc. (SFI).
Xpress Block: John Grigus discusses the grains contracts. There’s been quite a hubbub between ICE and the CME. Plus, the Facebook IPO.
Listener Mail: Twitter question from Jon Weitzel – What do you think about playing Jun 16 Calls with EA through their earnings? ATM straddle = $1.60. Also, the Facebook IPO coming out soon.
Around the Block: Loads of earnings on the horizon: Groupon 5/14, Disney 5/8, Activision & Cisco 5/9, Nvidia 5/11, and Tesla Motors 5/9.
“