- Trading Block: AAPL sauce, AAPL juice, AAPL pie: Steve Jobs, earnings, risk management, and drinking the Kool-Aid. Also, Citi disappoints the Street, but financials look strong.
- Odd Block: CY: over 4x regular volume on a new 52-week high, but is the party over? EBAY, continuing bearish sentiment as one bear buys 15,000 July 26 puts & earnings out on Wednesday. RDW, printing volume in the Jan 9’s & 10’s.
- Spread Block: AAPL, selling premium into earnings. Citi traders liking $5 calls. Silver pops. OX testing a new version of Xtend, and it’s easy on the eyes.
- Around the Block: AAPL earnings out as the panel speaks, gains erase all the morning’s overreactions. Goldman earnings Wednesday before the market opens. On the 20th, AMD, IBM, and Southwest. Housing starts driving market? Expiration week. SPX watch…is it hitting resistance? Is gold topping out
The Option Block All-Star Panel Includes:
o Mark Longo – The Options Insider
o Mike Tosaw – Know Your Options Inc
o Mark Sebastian – Option Pit
o Rob Kurzatkowski – OptionsXpress
Special Option Block Listener Promo: Be sure to visit Option Pit and use the Coupon Code: OI2011 to receive $100 off their latest mentoring package.
Dial 866-903-1822 to request a free custom webinar with “Uncle”” Mike Tosaw from Know Your Options Inc. Custom webinars can designed around the options topic of your choice. Space is limited, so call soon to reserve your webinar.
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