Option Block 391: Crude Oil Madness
Option Block 391: Crude Oil Madness
\nTrading Block: A bloodbath in the tech and commodities sectors. Mini Apple crash catches the market off-guard. Energy and oil had their own crash on Friday. The Options Industry Council (OIC) announced today that 294,770,356 options contracts traded in November, down 6.26 percent compared to last November.
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\nOdd Block: Puts trade in Marathon Oil Corp. (MRO), calls trade in Bristol-Myers Squibb Co (BMY), and call ratios trade in Barnes and Noble Inc (BKS)
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\nXpress Block: Energy alternatives and futures options
\nStrategy Block: Tosaw discusses diagonal risk reversals
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\nAround the Block: Keeping an eye on crude and Apple