Option Block 112: VIX Resistance
Option Block 112: VIX Resistance \n
Trading Block: VIX cash back above 30, how long can it last? MF Global disaster continues to get worse, with no clue as to where customer money is. Customers are making additional margin payments because their funds at MF Global are frozen. This disaster may have ramifications for years to come. Metals/commodity rundown -- volatile gold and silver. Ford brought their dividend back after five years.\xa0
Odd Block: Three-legged spreads.\xa0 Unusual activity in Yahoo!, Inc. \u2013 (YHOO) andLiz Claiborne, Inc. \u2013\xa0 (LIZ).\xa0 Plus, an update on last week's activity review: RIMM and Darden Restaurants (DRI).\xa0
Strategy Block: Uncle Mike Tosaw discusses the simulated index concept and how to relate it to higher income and higher net worth individuals. How to use a life insurance policy if you exceed your retirement plan contribution level.\xa0
Around the Block: The ongoing turmoil in the Eurozone is continuing to keep the VIX in limbo. RIMM earnings next week. Walgreens producing very high vol levels.