Option Block 86: Back in the Day

Published: Aug. 30, 2011, 5:02 p.m.

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Option Block 86: Back in the Day

Trading Block: Tech leads the way today, while GLD finally has a down day. Short VIX bets are finally paying off, but there\'s still more downside to go. Plus, a rundown of metals from a wild day. How much of a downside move in gold are we looking at before considering rolling the puts back down? Not much action to report from commodities today.

Odd Block: Unusual activity in Amazon.com, Inc. (AMZN) - Who purchased the lottery ticket? IMAX Corp. (IMAX) - Is this from the re-running of Transformers 3? Sealed Air Corp. (SEE) - A size day for SEE on Friday

Xpress Block: Today\'s guest Alex Jacobson discusses retail\'s appetite for futures recently. How the times have changed in the futures market, especially for retail.

Around the Block: Is there more VIX downside ahead? What\'s the weekend risk? Is it worth it to own premium? Non-farms coming up on Friday, more to be discussed about that next show.
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