Option Block 384: BABA Preview and Ratio Spread Breakdown

Trading Block: A mild day on the street. The bloodbath in crude continues - closing down on the day. Alibaba now worth more than Wal-Mart. Apple iWatch to be delayed - not affecting AAPL on the day.

Odd Block: Calls trade in CBS Corp. (CBS), puts trade in Gerdau SA (GGB), and giant call buyer in Autodesk (ADSK).

Xpress Block: Amazon, declining oil and other conversation topics from OX social.

Strategy Block: Uncle Mike Tosaw discusses the ratio spread strategy in combination with stock.

Around the Block: Non-Farms on Friday. BABA before the bell. ATVI - 11/4, DIS - 11/6 after, PCLN - 11/4 before, TSLA - 11/5 after.