Option Block 421: The Tesla Options Protection Package

Trading Block: A sea of green on the street today. Tesla having its best day in five months - Back over $200. Oil leaps 5% on tempered Iran view, slower U.S. inventory rise.

Odd Block: Calls trade in Market Vectors Oil Services ETF (OIH), calls trade in Outerwall Inc. (OUTR), calls trade in Harley-Davidson Inc. (HOG)

Strategy Block: When is it ok to take profits early?

Mail Block: Question from NYSE Trader - Is it possible for hedge funds to press on options of illiquid stocks to manipulate prices? Can they do that?

Around the Block: Alcoa earnings on Wednesday. Last week’s jobs report. Looking at gold and oil. Don’t diddle in the middle.