Podcasts Business The Option Block Option Block 291: Twas the Night before Twitter

Option Block 291: Twas the Night before Twitter

Published: Nov. 18, 2013, 4:41 p.m.

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Option Block 291: Twas the Night before Twitter

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Trading Block: A mild rally on the street today. A tepid outlook from Walmart, doesn\'t bode well for the economy. Cisco taking in on the chin post-earnings. Happy Twitter Options Eve! Any client interest in trading twitter options?

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Odd Block: Crazy call buyer in The CBOE Volatility Index (VIX), calls trade in Tile Shop Holdings (TTS).

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Xpress Block: No Alex today. So it\\u2019s time for the Trading Patterns Guessing Game - Special Twitter Edition.

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Strategy Block: Uncle Mike Tosaw discusses when to roll up a call on a diagonal call debit spread.

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Mail Block: Whacha wanna know?

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Question from Ham Shack -\\xa0I have read some articles that say Twitter options, particularly the put options, will be very wide and expensive on launch day. I can wrap my head around wider spreads for a new issue, but why would the puts cost more? Is it just a question of bears bidding up the volatility?

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Around the Block: Will the SPX break 1,800? Could we see the highs of the year next week?

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