Option Block 139: No More Exchanges, Please

Published: April 3, 2012, 7:35 p.m.

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Option Block 139:\\xa0 No More Exchanges, Please

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Trading Block: Lots of upside on the day: Dow, S&P, NASDAQ, and VIX. The many masters of VIX. Andrew and the love of fundamental indicators.\\xa0 Doing stuff - NASDAQ-style.\\xa0 Yes, they\'re launching ANOTHER options platform.\\xa0 More fragmentation! More issues with spreading!\\xa0 More quotes!\\xa0 The more the merrier? Um, not so much.\\xa0 The gang also discusses myriad ways to improve the market, including regulation, margin, managing risk, and doing stuff.

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Odd Block:\\xa0 Unusual activity in Gap, Inc. (GPS), Electronic Arts, Inc. (EA), and TJX Compaines, Inc. (TJX).

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Xpress Block: Groupon restates earnings from last quarter, sparking several calls to the trading desk.

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Around the Block: Shortened trading week this week, so make sure you price the weekend out accordingly.\\xa0 Andrew is thinking that volatility will come in a little.\\xa0 Webinars are on the calendar for KYO in April and May.\\xa0 Non-farm payrolls are still coming out on Friday, despite the market being closed.

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