Option Block 299: Band-Aid for a Severed Jugular - podcast episode cover

Option Block 299: Band-Aid for a Severed Jugular

Dec 17, 201354 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

Option Block 299: Band-Aid for a Severed Jugular

Trading Block: A broad rally across the street on the backs of strong manufacturing data. Fed meeting coming up.  Herbal Life halted today. SEC promising to crackdown on insider trading. What exactly is HFT?  Stock buybacks accounting for substantial percentages of ADV. 

Odd Block:  Puts buyers trade in Royal Bank of Canada (RY), puts trade in ZION Bancorp (ZION), calls trade in Noble Corp. (NE), and calls buyers trade in KBR, Inc. (KBR).

Xpress Block:  Herbal Life, Oracle, Lululemon all popular names on the desk today. 

Strategy Block:  A shout out to the bears. 

Around the Block: Fed on Wednesday? Will they taper?

For the best experience, listen in Metacast app for iOS or Android