Option Block 368: Selling Premium in a Quiet Market

Published: Sept. 5, 2014, 7:10 p.m.

Option Block 368: Selling Premium in a Quiet Market

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Trading Block:

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A mild day on the street today. BP fiasco slaughters everything oil related. Apple had a four point loss. CBOE announces weeklies on SPX

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Odd Block:

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Calls buyers flood into QuickSilver, Inc (ZQK)

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Calls trade in JAKKS Pacific, Inc (JAKK)

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Calls trade in Corning Inc. (GLW)

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Mail Block:

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Question from Mandel - What is a premium writer to do in this market? Any suggestions for good income trades here?\xa0

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Strategy Block:

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Today, Uncle Mike Tosaw discusses the ratio spread

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Around the Block:

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Non-farms coming up on the horizon.

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FDA approves Merck cancer drug.