Option Block 231: April Fool Joke from Tesla?

Published: April 2, 2013, 5:45 p.m.

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Option Block 231: April Fool Joke from Tesla?

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Interview Block: RCM\u2019s Matt Bradbard talks about interest rates. When might they reverse course and head upwards? What is the Eurodollar?

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Trading Block: We actually saw a rise in VIX today. Tesla was today's big news: they made a profit for the first time this quarter! Apple bouncing off the lows.

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Odd Block: Calls trade in North American Palladium Ltd. (PAL), large put block trades in Health Care Select Sector SPDR (XLV), and calls trade in Cisco Systems Inc. (CSCO).

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Xpress Block: Tesla and Apple were both lighting up the desk at OX today. The first returns on the weeklies on futures options show that they are a resounding success. How are the Minis doing?

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Around the Block: Looking forward to a somewhat quiet week ahead.