Option Block 316: The Great Put Roll Down

Trading Block: A strong rally on the street. Vol is holding up well despite the rally. SolarCity and Sina today after the bell.

Odd Block: Review from 12-30-13: Call buyers trade in Mattel Inc. (MAT). Plus, calls trade in Nvidia Corp. (NVDA), put spreads trade in WisdomTree India Earnings Fund (EPI), put buyers in New York Community Bank, Inc. (NYCB), and put sellers in Infinity Pharmaceuticals Inc. (INFI)

Xpress Block: Netflix, Priceline, Tesla all lighting up the tape. Facebook has become the new Lululemon.

Strategy Block: Uncle Mike Tosaw discusses how to protect a put spread.

Around the Block: Mobile World Congress may have big announcements in the mobile space. An update on SolarCity (SCTY). Jobless claims on Thursday.