Option Block 249: Great Expectations
Jun 07, 2013•1 hr 3 min
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Episode description
Option Block 249: Great Expectations
Trading Block: Another schizophrenic day on the street. McDonald's announces some 24-hr stores will serve breakfast after midnight. The Zynga apocalypse! A big move in Apple.
Odd Block: Calls trade in Savient Pharmaceuticals Inc. (SVNT), a collar unwinds in DOLE Food Company (DOLE), and call spreads trade in Tessera Technologies Inc. (TSRA).
Xpress Block: What's new in the Idea Hub, weeklies, etc?
Listener Mail: In which you, the listener, take over the program.
Question from John King @jking321: Have you read Schaeffer’s theory that Friday selloff due to delta hedging by SPY put sellers?
Around the Block: Non-Farms. Non-Farms. Non-Farms! It will be the biggest event on Friday.
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