Option Block 178: Apple: Cheap? Expensive? Cheap Expensive?

Trading Block: A slow Friday. Looking at the spread between VIX cash and the VIX futures. What is causing the build-up in premium? Looking at the November elections.

Xpress Block: Sean Fitzgerald gets the OX hot seat today and discusses the lack of volume this last month and the interesting orders from today on Salesforce.com. The Fed and QE3.

Strategy Block: Today's strategy block is hosted by Mark Sebastian, who, using Apple as an example, discusses the idea of cheap and inexpensive and how to use realized volatility when you trade.

Around the Block: A slow week predicted before Labor Day. Keeping an eye on the employment report.