OB 838: SAUDI ATTACKS DRIVE BP CALL EXPLOSION




The Option Block show

Summary: THE TRADING BLOCK MARKETS SPOOKED BY SAUDI OIL ATTACK  VIX 14.85 - UP .75 FROM LAST SHOW VVIX: 100.6 - UP 5 FROM LAST SHOW VXX: 23.4 - UNCHD FROM LAST SHOW THE ODD BLOCK BP CALL EXPLOSION DISH CALL PALOOZA STRANGE ITM IGT CALL PRINT STRATEGY BLOCK Trading outright vs. trading larger size via spreads. MAIL BLOCK FIDELITY CLIENT QUESTION OF THE WEEK: Is it better to trade options on ETFs or direct underlyings. AROUND THE BLOCK - Saudis, Saudis, Saudis...oh and the Fed.