Option Block 32: Super Bowl Shuffle

• Trading Block: VIX vs. VXX; Financialls rally; AOL + HuffPo; Oil on the move; AAPL upgrade + low vol = ??
  

• Odd Block: BAX Aug 55 Calls sell 25k times; Rollin' shorts: BPOP 10x normal volume

• Xpress / Spread Block: Commodities on the move: Cotton, lean hogs, oats, wheat natural gas, rough rice, cattle; Top in natural gas? Most traded stocks at OX: SPY, AAPL, SPX, QQQQ, F, FFIV, BAC, GE.

• Strategy Block: Incorporated weeklys into strategies: ratio spread, vertical spread, horizontal spread

• Around the Block: Jobless claims; Earnings watch: Cisco, Activision, Chipotle

• CLICK HERE TO LISTEN TO "THE SUPER BOWL SHUFFLE"

• CLICK HERE TO SUBSCRIBE (FOR FREE) IN ITUNES
  

• Know Your Options Upcoming Events: Saturday, Uncle Mike will be a guest presenter at optionsXpress' Minneapolis event where he will be discussing "Puzzle Pieces: Options for Multiple Purposes." On Sunday, Know Your Options will be hosting a "It's All Greek to Me" webinar. Monday will feature a "Hedging A Stock" webinar.  PLUS, get a free, 18-minute portfolio review when you visit knowyouroptions.com/free.  In the 1st name box, put "GMS" (Greasy Meatball Sandwich) after your name for Uncle Mike's special Option Block review.

• Option Pit is still honoring the OI2011 code for the L2 prep course.  And, for a limited time, get 20% off the regular $249 price on the "How Volatility Works" video series when you use promo code OIVOL2011. 

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.