Closing Brief

A very quiet end to the week, a little weakness in the morning, but as has been the case lately, the recovery in the afternoon always negates the declines. The close in the 1480s is very bullish for the mid-term. VIX closing in the 12s is a remarkable sight.


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Trans

Summary

A long weekend ahead (we're closed on Monday)

Its pretty funny how the market makers managed to pin AAPL @ $500 at the close of this January opex, which will doubtless annoy not only the $500 put holders..but also the call holders!


*I picked up a March VIX call block near the close, seeking vix 15/16s.
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Have a good weekend!