Option Block 312: Juicy Buffett Puts
\nTrading Block: Market up 1%. Is the brief correction over?\xa0 VIX far below the 20-handle. Twitter taking it on the chin; down 23% off news that subscriber growth is slowing.\xa0 Zynga back up in the $4.5 range again. Is it risk reversal time again?
\nOdd Block:\xa0 Giant collars go up in Zynga Inc. (ZNGA), puts trade in NuPathe Inc. (PATH), calls trade in Global X Uranium ETF (URA), and giant collar trades in TD Ameritrade Holdings Corp (AMTD)
\nXpress Block:\xa0 Big volume in Yelp, Green Mountain, and Twitter. \xa0More weeklys in the Ideas Hub
\nMail Block:\xa0
\nQuestion from Nick Tate - Do you guys think Bit Coin derivatives are on the horizon? Would OX trade it? What would the call skew look like in something like that?
\nQuestion from Inchon06 -\xa0Mr. Mass Destruction sure seems to be pretty happy selling puts. Hypocrisy or just taking advantage of "Buffett Premium"?
\n\nAround the Block:\xa0 Whats left on the earnings horizon? Non-farms ahead.\xa0