Option Block 184: BNNY vs. FB vs. GRPN
Option Block 184: BNNY vs. FB vs. GRPN
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Trading Block: A mild selloff and a mild VIX rally, yet another 0.0% day! Groupon the only green on the screen. At last, Grigus is rolling in dough! BNNY blows FB out of the water.
Odd Block: Calls active as Dollar Tree pops (DLTR); J.C. Penney craters resulting in unusual puts activity (JCP), and; a quick review on Jefferies Group, Inc. (JEF).
Xpress Block: Sean Fitzgerald gets the OX hot seat today, and rolls through his list of interesting activity and notable trades. Know your dividends! Jobless claims ignored, and down.
Listener Mail: Letting the listeners take over.
- When are they going start the option mini's. I trade Apple and can only trade two contracts. Also premarket options?
- Even the option guys are talking about FB, is that good or that bad? Buying $EWZ CALLS Oct 57s $1.40. Do not ignore. Or ignore, that's fine too.
- Groupon Oct 6 calls for $.20 - or Oct 4.5 puts for $.20 - pick your poison.
- I don't know how it's possible for someone to call themselves a money manager without knowing multiple ways to manage money. Mark, was this buy-side guy not familiar with the concept of cost basis when he decided to just dump the stock rather than buy a put?
Around the Block: Tomorrow looking like another slow day. The gang is keeping an eye on potential movement in the next few weeks. Take this slow time to visit the new features available at TheOptionsInsider.com
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