Option Block 579: XLF Call Love and AAPL Box Spreads

Trading Block: Stocks rise as NASDAQ joins Dow, S&P and notch new record highs. Understanding the minutiae of VIX. The Tao of Don: Sell or sell not. There is no buy. Odd Block: Calls trade in CBOE Holding Inc (CBOE), Massive calls trade in Financial Select SPDR (XLF), Calls trade in Bank of America Corp (BAC). Strategy Block: Uncle Tosaw discusses trading collars in Apple Mail Block/Options#QuestionOfTheWeek: #CrudeOil has been volatile lately. $OIV, aka Oil $VIX, is 37.33. Where will #Crude #Volatility close on Friday? Between 37 - 38.5 Between 38.5 - 40 Below 37 Above 40 Around the Block/This Week in the Market: Dec 9: Consumer Sentiment