Option Block 207: Ratio Combos and Weekly Premium

Trading Block: We saw a broad rally across the market as rumors of a deal to avert the fiscal cliff are spreading. There was also a mild VIX selloff today. Mark put on my first taste of Apple last week - Dec 465/455 put spread. The latest on GLD. Miami Options Exchange (MIAX) finally launches. Bill Brodsky stepping down as Chairman & CEO of the CBOE.

Odd Block: Large Call Buying in Endeavor International Corp. (END), calls trading in Taiwan Semiconductor Manufacturing (TSM), and calls trading in Financial Sector SPDR (XLF).

Xpress Block: Alex Jacobson is in the OX hot seat today and discusses the walk limit product, as well as what's new at the Idea Hub. He also answers this Tweet from Mr. Penny Stock: Alex - Does OX have a premium buying section of the Idea Hub to go with the premium selling section?

Strategy Block: Mike Tosaw discusses using a ratio combo.

Around the Block: RIMM and Nike earnings are coming up. It should be an interesting expiration week with the fiscal cliff looming.