Option Block 189: Iron Condors and Big Trends
Trading Block: Apple down about 2.5%. When might we see the minis? Groupon finally goes to the plus side. Is it time to abandon ship? Non-farms better than expected.
Odd Block: Huge three-way put spread trades on Consol Energy (CNX); options action surges as Vringo pops (VRNG).
Xpress Block: John Grigus takes the hot seat and discusses the many spin-offs of Sears holdings.
Interview Block: Featuring Big Trends’ Price Headley
- Price gives an overview of what Big Trends does
- What he is currently seeing in the market
- Why is he such a fan of iron condors?
- What levels would be too low for him?
- He also gives a quick preview of the webinar tonight for KYO.
Around the Block: Earnings season again! Alcoa kicks it off tomorrow. Vice Presidential debate upcoming.
About Mark S. Longo
Mark S. Longo is the founder of The Options Insider Inc. - a firm dedicated to providing free options information, education, news and analysis for options users. Whether it's on TheOptionsInsider.com, a leading online options destination; through Options Insider Radio, the world's only radio network for options users; or through a growing number of newsletters and live events, Mr. Longo continues to provide new ways to spread the word about options.Mr. Longo's analysis of the options market has appeared in a wide variety of domestic and international publications, including The Wall Street Journal, Financial Times, Reuters, Futures Magazine, and more. As one of the few industry commentators with practical options experience, he has developed a substantial following among industry veterans and newcomers looking for insight into this complex market.Mr. Longo began his career as an options trader on the floor of the Chicago Board Options Exchange.
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