Option Block 163: Supreme Court Takes the Vol Out
Option Block 163: Supreme Court Takes the Vol Out\n
Trading Block: Supreme Court decision roils the market. Are we taking the weekend out of the VIX already? 30 year mort. at 3.66%. JP Morgan hedge loss expected to be $5B, perhaps up to $9B. RIMM, Nike, and Family Dollar reporting numbers after the bell. \n
Odd Block: Interesting and unusual activity in Universal Health Services (UHS) and O\u2019Reilly Automotive, Inc. (ORLY).\n
Xpress Block: Sean Fitzgerald discusses some of the activity at OX today that wasn't about healthcare. The Google IO, announces a iPad-like product, the Nexus 7. Strategy Block: Andrew discusses short term theta plays, like iron flies in Apple.\n
Around the Block: Mid-week holiday playing into weekend decay? Keeping an eye on crude oil. Personal spending and Michigan sentiment on the horizon.