Option Block 217: Now What Are We Going to Watch?

Published: Feb. 1, 2013, 5:12 p.m.

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Option Block 217: Now What Are We Going to Watch?

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Trading Block: Most of the major indexes closed fractionally down, weighed down by some less-than-stellar earnings. There was a bit of interesting activity in Facebook. RIMM, now known as BlackBerry, announced the new BlackBerry 10. Former founder of PFG sentenced to 50 years. Netflix pulls a reverse Widow Maker.

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Odd Block: Big put spread goes up in Exxon Mobil Corp. (XOM), a large block of calls trade in Taiwan Semiconductor Inc. (TSM), a closing trade in Take-Two Interactive (TTWO), and puts trade in Expeditors International of Washington Inc. (EXPD)

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Xpress Block: Chatter on the OX forums has been heavy in Netflix and Priceline. Not much movement in vol.\\xa0

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Strategy Block: Tosaw discusses selling the put on Ford and buying call options.

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Around the Block: Non-Farms comes out tomorrow. What is there to watch after that?

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