Option Block 128: Funky Backspread

Published: Feb. 14, 2012, 7:06 p.m.

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Option Block 128: Funky Backspread
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Trading Block:
A decent selloff in VIX cash, but is the unknown still lurking? Greece stumbling toward salvation, but the worst is not over yet. Apple over 500 \\u2014 up 2%. What\'s been causing this move to the upside? A few earnings after the bell: LPSN, SGEN.
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Odd Block: Unusual activity in NetApp, Inc. (NTAP), Live Nation Entertainment, Inc. (LYV), and Seattle Genetics, Inc. (SGEN).
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Xpress Block: Tim Navabi helps to explain "Estimated Commisions" when closing out short positions.
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Around the Block: Upcoming earnings: Zenga - 2/14 (The love following Facebook\'s IPO continues), GM 2/16, Marriott -2/15, NVDA - 2/15 and TESLA - 2/15. What\'s the best way to incorporate weeklies into ones\\u2019 current model?
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