Option Block 293: The Gift that Keeps on Giving

Published: Nov. 22, 2013, 6:31 p.m.

Option Block 293: The Gift that Keeps on Giving

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Trading Block: A strong rally on the street with VIX futures getting utterly destroyed. Twitter has not been the big vol mover as expected. Tesla continues to take it on the chin.\xa0 Zynga: the stocky hat keeps on giving.

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Odd Block: Yesterday review - Calls trade in Star Scientific, Inc. (STSI), risk reversal trades in the CBOE Volatility Index (VIX), calls buyers in China Life Insurance Company (LFC)

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Xpress Block: New technology coming soon to the OX website.

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Strategy Block: Uncle Mike discusses the importance of having a variety of different strategies in your trading.

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Around the Block: Russell Index is coming back. It will be a race to see who can take down option premiums. S&P taking out 1,800.\xa0