Option Block 94: AMZN Takes On AAPL Trading Block: The market rallied on stronger than expected GDP numbers, and a little ease on European concerns, combined for a strong up move early in the day. Thirty-year rate is 4.01% -- the lowest on record. Rumors of Amazon getting into the tablet wars -- stock down 3%. With Amazon in its territory, Apple moved to the downside -- is it time to be bullish? The spread between VIX and VXN continues to widen. Odd Block: Unusual activity in Dollar General (DG) - size call sales going up for the past couple of months. Dreamworks Animation Skg. (DWA) - been on a downside tear over most of the last year, as high as 38 early November last year, straight down since then, trading near 18 now. Looks like someone is trying to protect some downside and decided to put on the puts and end the free fall. Strategy Block: Mike Tosaw dispenses some vintage options wisdom, discussing the concept of dollar cost averaging.

Around the Block: Ford hovering at the 10 strike. Apple earnings out October 18; CBOE earnings out October 5. A lot of energy stocks are at lower levels now.