Podcasts Business The Option Block Option Block 335: The Giovinazzi/Tosaw Spectacular

Option Block 335: The Giovinazzi/Tosaw Spectacular

Published: May 2, 2014, 11:18 a.m.

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Option Block 335: The Giovinazzi/Tosaw Spectacular\\xa0

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Trading Block:

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A slow day on the market today. TLT was one of the few things to light up the tape. Yellen, the Fed and bond buying. An update of the VIX and S&P with Andrew.\\xa0

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Odd Block:

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Call buyers in Auxilium Phramaceuticals, Inc (AUXL)

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Call buyers jump into EQT Corp. (EQT)

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Call spreads trade in Verso Paper Corp (VRS)

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Calls roll in Mechel OAO (MTL)

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Strategy Block:

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A question/poll for our audience: Given the level of the VIX, is this market a better environment for doing verticals spreads or horizontal spreads?

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Around the Block:

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More earnings: XOM, LNKD, KRFT and EXPE. The biggest news will come for the jobs report on Friday. Will gold continue to slide? GDP?

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