Option Block 294: Youre Soaking in It

Published: Nov. 26, 2013, 6:53 p.m.

b'

Option Block 294: You\\u2019re Soaking in It

\\n

Trading Block: Positioning going into the short weekend. Where are the long premiums? Where is the free juice? Are OX clients still trading or are they already on vacation?

\\n

\\n

ZNGA love - time for Andrew to gloat. TWTR giving up some of the gains.

\\n

\\n

Odd Block: Hail Mary call buying in The CBOE Volatility Index (VIX), calls trade in Ziopharm Oncology Inc. (ZIOP), and in Titan International Inc. (TWI)

\\n

\\n

Xpress Block: The Warren Buffet put in Exxon? The success of OX mobile trading.

\\n

\\n

Mail Block: We\\u2019re taking your questions

\\n
    \\n
  • Question from Allan Schwartz - Why is open interest still only updated daily? Do we not have enough information now to update that more frequently, if not instantly? If I buy to close 30 calls, that should be reflected in the OI instantly, not the following morning.
  • \\n
  • Question from Biz Man - Does OX offer any systems to automate trading? Example - Automatically write a 5% OTM call on XYZ underlying every month/week, etc. It would save some hassle for busy clients.\\xa0
  • \\n
\\n

\\n

Around the Block: The holiday approaches. Markets closed Thursday, and half-day on Friday.

'