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Option Block 356: CME and NFLX Earnings Rundown
Trading Block: A relatively quiet day on the street, after a crazy week. Earnings so far: NFLX after the close, CME (the stealth Apple) after the close. Positioning for Apple tomorrow.
\\nOdd Block: Call buyers trade in Steel Dynamics (STLD), call spreads buyers trade in Orexigen Therapeutics, Inc. (OREX), calls buyer trade in Crocs, Inc. (CROX), call spreads, rolls selling Dec, buying March trade in CytRx Corp. (CYTR).
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\\nXpress Block: Herbalife taking a pounding. News on The Walk Limit tool.
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\\nStrategy Block: An expiration day lesson from Uncle Mike Tosaw and how to avoid unnecessary weekend risk.
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\\nAround the Block: A quick earnings review in CME, NFLX. MSFT and APPL tomorrow. On 7/24: AMZN, F, GM.
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