Option Block 33: AAPL-PALOOZA with a dash of CSCO, THC. CBOE and CMG

• TRADING BLOCK: CSCO DOWN OFF EARNINGS, WHAT TO WITH WITH YOUR SHORT FEB 20 CSCO PUTS,MARCH 18-20 CSCO RISK REVERSAL IS SUPERIOR TO NAKED LONG CALLS OR SHORT PUTS,LEGGING FROM A RISK REVERSAL INTO A BULLISH VERTICAL CALL SPREAD.

• THE BIG APPLE BLOCK: HOW ARE RETAIL CUSTOMERS LOOKING AT APPLE & APPLE OPTIONS THESE DAYS; MANAGING APPLE STRADDLES; APPLE OPTIONS PRICING OUT RETAIL CLIENTS; ARE APPLE'S BEST DAY'S BEHIND IT; APPLE'S DOMINANCE OF THE SUPPLY CHAIN; DOES APPLE HAVE A DEEP BENCH TO REPLACE JOBS; NH LEGISLATURE LOOKING TO REPLACE ALL GOVERNMENTAL PAPER USE WITH IPADS - THE START OF A NEW TREND FOR APPLE WITH FEDERAL CONTRACTS?
  

• ODD BLOCK: VERY SUSPICIOUS CALL ACTIVITY IN THC
  

• XPRESS BLOCK: OX CUSTOMER PLAYING HEAVILY IN COMMODITY ETS AND FUTURES; OX CUSTOMERS HOPING BOND MARKET HAS FOUND A BOTTOM; OX CUSTOMERS HAVE NO CONSENSUS ON THE BROAD MARKET RIGHT NOW...STRATEGIES ARE MIXED BETWEEN LONG AND SHORT; STEVE JOBS = BORIS YELSTIN?
  

• AROUND THE BLOCK: EXCHANGE TANGO; CBOE RIPE FOR A TAKEOVER?; WILL CME PULL THE TRIGGER?; CBOE/CME COMBO WOULD BE A POSITIVE DEVELOPMENT FOR FUTURES/OPTIONS PORTFOLIO MARGINING; ISE, NYSE ARCA AND AMEX OPTIONS EXCHANGES ALL UNDER ONE ROOF? WHICH EXCHANGE IS THE ODD MAN OUT?; CMG EARNINGS EXPLOSION; WILL ICE JUMP INTO THE FRAY AGAIN?
  

• 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. 

• OPTION BLOCK VOICEMAIL PRIZE: 9TH VOICEMAIL MESSAGE RECEIVES A SPECIAL PRIZE FROM OPTION PIT

• MONSTER TRUCK BONUS: FIND UNCLE MIKE TOSAW AT THE MONSTER TRUCK SHOW IN CHICAGO THIS WEEKEND AND WIN A SPECIAL PRIZE.

• CLICK HERE TO LISTEN TO "AAPL-PALOOZA"
  

• CLICK HERE TO SUBSCRIBE (FOR FREE) IN ITUNES

• w/ Special Guest Jim Luther - NH State Senator and AAPL devotee
  

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.