Option Block 206: The Secret World of Open Interest

Published: Dec. 14, 2012, 7:17 p.m.

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Option Block 206: The Secret World of Open Interest

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Trading Block: It was a bloody day on the market; screens were nothing but a sea of red. Apple is now creating its own vol excitement, this time in the 500\'s. Is Tosaw a degenerate weekly premium seller? VIX cash headed towards the upside. GLD is at a 13 vol -- how low can it go?

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Odd Block: More bullish trading in Quicksilver, Inc. (ZQK) and Golden Minerals Co. (AUMN), also selling paper in AuRico Gold, Inc. (AUQ). Plus, a comment from Duffy: What\'s the best way to tell if a particular options activity is closing or opening transaction? Thank for your help.

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Xpress Block: Alex Jacobson discusses the latest developments at OX. Google seems to be displacing Apple in term of chatter amongst customers. More interesting ideas being kicked out from the "Idea Hub.\\u201d

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Strategy Block: Tosaw discusses the importance of synthetics, and how they relate to collars.

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Around the Block: Earnings: Oracle 12/18, RIMM 12/20. RIMM is actually seeing some life recently.

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