Podcasts Business The Option Block Option Block 245: Golden Tickets & Oompa Loompas

Option Block 245: Golden Tickets & Oompa Loompas

Published: May 21, 2013, 7:09 p.m.

\n

Option Block 245: Golden Tickets & Oompa Loompas

\n

Trading Block: It was an unchanged day on the street with stocks hovering around record highs. Does this rally have legs, or are we poised for a collapse? There was a weird dip in SPX on Friday night due to APC. Jumbo SPX is a flop so far. Only 18 contracts have traded through the middle of last week. \xa0Everyone is still refusing to list it.

\n

Odd Block:Calls trade in Navios Maritime Holdings Inc. (NM), calls trade in Foster Wheeler Ltd (FWLT), and calls trade in Big Lots Inc. (BIG).

\n

Xpress Block: Alex talks some more about the Trading Patterns Tool from OX, and what its most active trades have been recently.

\n

Listener Mail: What do you want to know?

\n
    \n
  • Question from Douggie_L: Why all the fuss with Jumbo SPX? Why won't others trade it?
    • \n
  • Question from Montevecchio: I'm starting to learn about time spreads. Can you guys explain roll risk and how it can impact me?
    • \n
\n

Around the Block: A holiday this upcoming weekend. Watch out for the theta gremlins creeping into your portfolio.