Option Block 115: Scooping Cheap Volatility

Published: Dec. 20, 2011, 6:30 p.m.

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Option Block 115: Scooping Cheap Volatility
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Trading Block: A volatility/VIX rundown -- it\'s up, it\'s down, it\'s in lockstep with the market, it does its own thing. It\'s VIX madness. Zenga, a new tech name to hit the market -- can it follow in the footsteps of Linkedin, Groupon, Angie\'s List or the other 2011 tech bubble names? A Metals/commodity rundown.

Odd Block: Unusual activity in Norfolk Southern Corp. (NSC), St. Jude Medical, Inc. (STJ), and an Odd Block review from 10/27 on Hecla Mining Co. (HL).

Xpress Block: Tim Navabi discusses the busy Friday expiration, taking calls from customers about deep in-the-money spreads and other goings on at OX.

Around the Block: What are we watching this holiday week? Buffalo Wild Wing (BWLB) joins the Wheel of Fun, also game developer Take 2. It\\u2019s a holiday week, so plan accordingly if you are long premium.
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