Don’t let your position maul your arm off. It makes more sense in the show.

Option Block 440: Lions, Tigers and Bears. Oh, My!

Trading Block: Trade bodies urge regulators to sort out derivatives reporting. Stocks to watch: CVS, Lumber Liquidators, Actavis. CBOE extends VIX and SPX options trading hours as global growth in VIX continues to build.

Odd Block: Puts trade in SPDR S&P Homebuilders ETF (XHB), calls trade in iShares MSCI Germany Index (EWG), and calls roll in TASER International, Inc. (TASR).

Strategy Block: Tosaw discusses hedging bond portfolios.

Option Pit Mystery Block: Sebastian discusses crisis management.

Around the Block: Earnings: Oracle, Rite Aid & FedEx Highlight Quiet Earnings Week.