Option Block 181: Apple Overlord
Sep 11, 2012•51 min
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Episode description
Option Block 181: Apple OverlordTrading Block: A mild down day on the Street. VIX off to the races. Positioning after the jobs number. Apple pullback ahead of Wednesday event. Intel lowers guidance and is promptly down 3%. Odd Block: Calls active as Talisman Energy appoints new president and CEO (TLM); block trade fever in Financial Select Sector SPDR Fund (XLF); and Leap Frog puts flying out the door (LPF). Xpress Block: John Grigus takes the reins of the Xpress Block today and discusses the buzz around Amazon. Spoiler alert! Calls are on the rise. Around the Block: Fed on Wednesday, waiting to see if the Bernanke put is exercised. Apple also on Wednesday.
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