Option Block 368: Selling Premium in a Quiet Market
\n\nTrading Block:
\nA mild day on the street today. BP fiasco slaughters everything oil related. Apple had a four point loss. CBOE announces weeklies on SPX
\n\nOdd Block:
\nCalls buyers flood into QuickSilver, Inc (ZQK)
\nCalls trade in JAKKS Pacific, Inc (JAKK)
\nCalls trade in Corning Inc. (GLW)
\n\nMail Block:
\nQuestion from Mandel - What is a premium writer to do in this market? Any suggestions for good income trades here?\xa0
\n\nStrategy Block:
\nToday, Uncle Mike Tosaw discusses the ratio spread
\n\n\nAround the Block:
\nNon-farms coming up on the horizon.
\nFDA approves Merck cancer drug.