Option Block 347: Bringing Guns to the Trading Pit
\nTrading Block: A very mild day on the street. Everyone still loves Tesla. What is up with gold volatility?
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\nOdd Block: Calls spreads trade in Fairchild Semiconductor Intl. (FCS), calls trade in Nexstar Broadcasting Group, Inc (NXST), calls trade in St Jude Medical, Inc. (STJ), puts roll trade in SPDR Barclays Capital High Yield (JNK).
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\nXpress Block: You could quality for a commission waiver on options trading if you belong to the Schwab Private Client Group. Idea Hub did very well in May. Premium harvesting now available for both securities options and futures options.
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\nStrategy Block: Remember, this week is the ex-dividend date on SPY
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\nAround the Block: Monday - NY Fed Empire Manu survey. Industrial production and capacity utilization for May and June. NAHHB Homebuilders survey.