Option Block 259: Reverse Splits & Twinkies
Jul 16, 2013•1 hr 3 min
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Episode description
Option Block 259: Reverse Splits & Twinkies
The all-stars are joined by guest co-host Henry Schwartz, the Founder of Trade Alert.
Trading Block: A modest, broad rally on the street. Earnings season is in full swing. Pre-deal call in LEAP from Friday. Earnings action in Goldman-Sachs. CITI earnings before the open. Bloomberg beating the drum on VIX puts. Retail sales sluggish, up less than expected in June.
Odd Block: Combos trade in United Online, Inc. (UNTD)
Xpress Block: The Twinkie is back. A slow day as everyone is keeping their powder dry for the big earnings later this week.
Around the Block: Earnings: IBM, Intel and Bank of America - 7/17; Microsoft, Nokia, Google and Chipotle - 7/18.
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