Podcasts Business The Option Block Option Block 222: Bonds. Contrarian Bonds.

Option Block 222: Bonds. Contrarian Bonds.

Published: Feb. 22, 2013, 5:52 p.m.

b'

\\n

Option Block 222:\\xa0 Bonds. Contrarian Bonds.

\\n

Trading Block: The majority of the market sold off by 1%. \\xa0On the news that bonds might sell off, they rallied. Apple breaks through 450. Google hanging around the 800 level.

\\n

Odd Block: A collar went up in Texas Roadhouse (TXRH); call spreads trade in Gerdau SA (GGB), and calls active in Blackstone Group (BX).

\\n

Xpress Block: SPX and April Condors are hopping.

\\n

Strategy Block: Today\'s strategy honors Hannibal Smith of the A-Team. Put selling strategies on SPY-- long-term bullish and short-term cautious.

\\n

Around the Block: Looking ahead at Tesla Motors. Keeping an eye on the S&P 500. Seeing if Google can stay near 800.

'