Do options traders sense a holiday massacre? There was a massive trade that went up on Vix options at the December expiry. Specifically, one customer sold 28,000 of the December 45-strike calls and then bought 56,000 of the December 60-strike calls.    Read More

When it was hovering around $4 bucks, the thought of Bank of America being a $30 stock seemed patently absurd. But that's exactly what one option investor is betting on.    Read More

It's been a tough day for stocks and for tech in particular. A firmer dollar, some lousy economic data, and a nasty semiconductor sector downgrade from Merrill are all weighing on the market.   Read More

Call it a game of follow the leader today. George Soros buys Potash shares and now everyone is clamoring to buy POT.    Read More

We've said it hundreds of time on the show before: Never buy out-of-the-money calls in hopes of a takeover. But with so much deal making going on, and so many days punctuated with takeover talk, the urge to merge may drive some options investors to reach out and buy those cheap calls.    Read More

Are options traders doubling down on Las Vegas Sands ahead of earnings? That appears to be the case with today's action.    Read More

Now for the update on Dan Nathan's trade. Just to recap, he suggested buying the November 190/200 call spread, paying $7.80 for the Nov 190-strike call and collecting $4.20 for selling the Nov 200-strike call, net-net paying a total of $3.60 to win a possible $6.40.    Read More

I know marketcap is a relatively meaningless stat, but Apple's is truly an astounding figure. With today's surge, the company is worth roughly $178 billion. That's more than Google ($175 billion) and General Electric ($165 billion), the parent company of this fine network.    Read More

Yankees shmankees - Is there anything better than a good ol' fashion earnings preview with derivatives? From my standpoint, the answer would be a solid no. But just incase you missed part of last week's show, I do want to update the faithful.    Read More

It's more than a motto; it's a way of life on "Options Action." We like to risk less to possibly make more. And last week, Dan Nathan - chief options strategist at Phoenix Partners Group nailed it with Intel.   Read More