Option Block 462: The Great Fed Fake out

Published: Sept. 11, 2015, 7 p.m.

Trading Block: Federal Reserve may bring new life to fed-funds options pit. Apple plans land with a thud. Apple is pulling out all the stops, but nothing\xa0it seems,\xa0can get the stock moving or get investors jazzed again.

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Odd Block: Calls trade in Whiting Petroleum Corp. (WLL), calls trade in Qualcomm Inc. (QCOM), and calls trade in Rite Aid Inc. (RAD).

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Listener Mail: Listener questions and comments

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  • Question from MB2 -\xa0Heard you chat about legging spreads on the show. The strategy guy seemed to not be a fan of legging. Can he expand on that and his reasoning behind it? I have utilized legging many times as a way to improve my execution prices on spreads. I think it is a legitimate trading technique.
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Around the Block: Earnings season is coming?\xa0