Option Block 273: Trades to Salivate Over

Published: Sept. 6, 2013, 7:50 p.m.

\n

Option Block 273: Trades to Salivate Over

\n

Trading Block: It was a very mild day on the street. How did the holiday weekend volatility play out last week? It\u2019s that time again - the volume numbers are in! Microsoft buys Nokia.

\n

Odd Block: Calls trade in Timken Company (TKR), NetApp Inc (NTAP), Oasis Petroleum Inc. (OAS), and Fastenal Company (FAST).

\n

Strategy Block: What happens when your covered call goes in the money?

\n

Mail Block:

\n
    \n
  • Question from Phillip Kay - What is the ASPs take on Tesla skew? Upside still steep and a good candidate for verticals or has that ship sailed?
  • \n
  • Comment from Mark Clyde Brant @MarkBrant1KM -@Options Tesla and Netflix managers are dumping shares en masse! Sep long Puts in play.
  • \n
  • Question response from bitcoinbravo - Hedging Bitcoin Mining Investments with Network Difficulty Futures: Part 1 \u2013 Hedging Shipment - http://thegenesisblock.com/hedging-bitcoin-mining-investments-with-network-difficulty-futures-part-1-hedging-shipment-delay/\xa0
  • \n
\n

\xa0

\n

Around the Block: Non-farms and Syria ahead.