Option Block 343: AAPL Ratio Spread Madness

Trading Block: A slow day on the street today. All Apple - all Amazon - nothing below the "A"s. OCC announces cleared contract volume declined in May, while 2014 volume remains up.

Odd Block: Call ratio spreads trade in Apple Inc. (AAPL), long-term closing call sale in Fortress Investment Group LLC (FIG), closing put buys before earnings trade in Ascena Retail Group Inc. (ASNA), and opening call seller in The Western Union Co (WU)

Xpress Block: Alex discusses Idea Hub for Schwab Mobile and possibly Futures Trading.

Strategy Block: Ratio Spreads: when and how to use them and why they teeter on the edge of dangerous.

Around the Block: ADP private-sector job growth & weekly jobless claims on the horizon.