Option Block 239: Rally Ho!

Published: April 30, 2013, 5:02 p.m.

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Option Block 239: Rally Ho!

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Interview Block: Today\'s guest is Erik Long from Quant Trade, a CTA who primarily day trades futures. His method of looking at the markets can be associated with any time frame and he has some interesting insight for our listeners.

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Trading Block: Rally Ho! Again. There was some serious tech love on the street with Google, Apple, Intel, and IBM up 2% or more today. Overall earnings season is still not living up to the hype.

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Odd Block: Calls roll in Health Net Inc. (HNT), puts trade in Canadian Solar Inc. (CSIQ), calls trade in Energy Transfer Equity LP (ETE), and there was a steady put seller in Northern Oil and Gas Inc. (NOG).

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Xpress Block: Herbal Life, Facebook, Apple, Google and IBM all kept traders at OX locked to their desks.

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Around the Block: Substantial juice levels going into earnings on the 1st.

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