Option Block 284: The Tosaw-Giovinazzi Show

Published: Oct. 18, 2013, 4:49 p.m.

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Option Block 284: The Tosaw-Giovinazzi Show

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Trading Block: Google up $43 after market. How long can the VIX go? Are we looking at the bottom? Gold reacts to the Fed tapering announcement.

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Odd Block: Calls trade in Ingersoll-Rand PLC (IR). Unusual activity in Cole Real Estate Investments (COLE). A put sale for income gone wrong in Seadrill LTD (SDRL). Trading all over the board in Real Goods Solar Inc. (RSOL).

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Listener Mail: Question from Uncle Al: I\'ve heard the term maker-taker many times in regard to options exchanges. Can you explain what this term means and what traders should be aware of? Thanks for this fantastic program.\\xa0

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Question from Ibn Sayer: I have a question for Uncle Mike Tosaw. He has discussed the problems with annuities several times on the program. I wonder is it possible to construct my own annuity using listed option contracts?

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Around the Block: Google earnings, Goldman Sachs. Treasuries making a bit of a rally.\\xa0

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