Option Block 398: Getting Burned By Deltas
Option Block 398: Getting Burned By Deltas
\nTrading Block: A selloff of the market today. Facebook options turning bearish on 2015 after 195% rally. Crude oil falls below $50 a barrel for the first time in 5 1/2 years. OCC announces cleared contract volume up 4% in 2014 and a record year for cleared futures volume.
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\nOdd Block: Calls trade in iShares MSCI Italy Index (EWI), opening call buyers in Lifelock Inc. (LOCK), and puts roll in Lumber Liquidators Holdings (LL)
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\nStrategy Block: Mike Tosaw discusses his current strategies with the S&P 500 and SPY.
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\nAround the Block: What can we expect for 2015?