Trading Block: What's going on in the market?

• The BBI explained.
• What would drive the VIX up?
• Interactive Brokers to Stop Options Market-Making Activities.
• Snap options set for strong demand on market debut.
• Crude oil prices fall below $50 as US stockpiles rise.

Odd Block: Puts trade in ILG Inc (ILG), puts trade in SPDR S&P Oil and Gas (XES) and puts call and puts trade in SPDR S&P Oil and Gas (XOP).

Strategy Block: Uncle Mike Tosaw discusses credit spreads.

Mail Block: Listener questions and comments

• Question from C.J. Magnuson: Is Interactive Brokers basically being squeezed by pay for play?
• Question from Amy: What is the shortest expiration available for plain vanilla options?

Around the Block/This Week in the Market:

• Mar 10: Unemployment, Export Prices