Option Block 116: Holiday Volatility Sale

Published: Dec. 23, 2011, 6:52 p.m.

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Option Block 116: Holiday Volatility Sale

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Trading Block: A weak rally going into the holiday -- not too much going down on the street except for the continued annihilation of volatility. GLD and GVX ended the year down. Not much movement otherwise given the time of year.\\xa0

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Odd Block: A look back at some usual activity from the past, including GLD and Darden Restaurants, Inc. (DRI).\\xa0

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Xpress Block: Rob K talks about straddles and strangles given the fact that volatility has been crushed lately.

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Around the Block: The bulk of the holiday weekend has already come out. Have a happy holiday!

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