Published: Aug. 17, 2012, 5:53 p.m.
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Option Block 176: Groupon Garbage
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Trading Block: A mild rally across the Street. S&P vol getting squeezed of all its juice. Cisco knocks it out of the park post-earnings. Groupon garbage post-earnings. Cosi trading at a depressed level. Facebook south of the 20-handle.
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Odd Block: Protection swapped on Novartis (NVS); large blocks of calls rolled on the Dow Jones Industrial Average in the (DJX) and (DIA) options; Wednesday review: Huntsman International LLC Jumps; calls active (HUN).
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Xpress Block: Tim Navabi returns to the OX driver\\u2019s seat, and talks about his new position as a New Trader Consultant.
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Around the Block: Waiting to VIX to come back in. Earnings winding down, Europe winding up?
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