Option Block 371: Talking TSLA, SCTY, YHOO and Alibaba

Published: Sept. 16, 2014, 8:07 p.m.

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Option Block 371: Talking TSLA, SCTY, YHOO and Alibaba

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Trading Block: NOTE: No Alex for the next six weeks. Our thoughts and prayers with him while he undergoes surgery. Alibaba IPO & Yahoo - Barron\\u2019s telling people to buy Nov 43-48 call spread to benefit from the IPO. TSLA & SCTY over 10%. A bad day for the wallet of Elon Musk.

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Odd Block: Puts filled in The Market Vectors Russia ETF (RSX), puts trade in Commscope Holding Co. (COMM) - newsletter?, calls trade in Itau Unibanco Holding SA (ITUB).

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Strategy Block: Ways to defend short premium when there might be a lot of movement in the market.\\xa0

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Around the Block: Andrew thinks that this is the big one re: interest rates. Also looking at YHOO, Brazil, after the Fed, maybe selling some juice. Fed Wednesday: how will bonds react?

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