Option Block 278: Fading the Shutdown

Trading Block: It was an aggressive day on the street, with a lot of love for Apple, up 20%. Call stupids go up in VIX. Talks of Blackberry selloff continue.

Odd Block: Puts Trade in Xilinx Inc. (XLNX), calls trade in Sierra Wireless Inc. (SWIR), calls trade in Covidien plc. (COV)

Xpress Block: Today’s Xpress Block will feature a guest: Daril Wagner, Product Manager at OX, who will discuss some new tools available to clients - including the Trading Patterns and Options Patterns tools.

Strategy Block: Calendars vs. butterflies

Around the Block: The debt ceiling kerfuffle is back!