Podcasts Business The Option Block Option Block 299: Band-Aid for a Severed Jugular

Option Block 299: Band-Aid for a Severed Jugular

Published: Dec. 17, 2013, 5:18 p.m.

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Option Block 299: Band-Aid for a Severed Jugular

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Trading Block: A broad rally across the street on the backs of strong manufacturing data. Fed meeting coming up.\\xa0 Herbal Life halted today. SEC promising to crackdown on insider trading. What exactly is HFT?\\xa0 Stock buybacks accounting for substantial percentages of ADV.\\xa0

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Odd Block:\\xa0 Puts buyers trade in Royal Bank of Canada (RY), puts trade in ZION Bancorp (ZION), calls trade in Noble Corp. (NE), and calls buyers trade in KBR, Inc. (KBR).

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Xpress Block:\\xa0 Herbal Life, Oracle, Lululemon all popular names on the desk today.\\xa0

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Strategy Block:\\xa0 A shout out to the bears.\\xa0

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Around the Block: Fed on Wednesday? Will they taper?

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