I just checked the value of my GLD Mar $60 puts expecting them to have taken a dump since I got in a few weeks ago since gold is up about $100 since then.
They are UP about 100%
The high VIX is good for somethings I guess, too bad I have to figure out whether GLD will fall fast enough the offset a lower VIX and subsequent premium deterioration.
I just checked the value of my GLD Mar $60 puts expecting them to have taken a dump since I got in a few weeks ago since gold is up about $100 since then.
They are UP about 100%
The high VIX is good for somethings I guess, too bad I have to figure out whether GLD will fall fast enough the offset a lower VIX and subsequent premium deterioration.
Also noticing more income trusts and bond funds getting hit.
Koaj if that is true regarding those swaps it wont be good for the other market, the CDO market and that would start more margin selling and more freezing of the market.
Overusing leverage is fantastic..
Wheels spinning early..
Also noticing more income trusts and bond funds getting hit.
Koaj if that is true regarding those swaps it wont be good for the other market, the CDO market and that would start more margin selling and more freezing of the market.
MS setting lows last few minutes, lets see where they take it.
I was telling the wife last night it wouldnt shock me if they pick the bones on MS, sell the retail and finance side and the other toxic parts go under.
GS down 20 bucks?
MS setting lows last few minutes, lets see where they take it.
I was telling the wife last night it wouldnt shock me if they pick the bones on MS, sell the retail and finance side and the other toxic parts go under.
What a crock!!!!!! 3 dollar spreads. I need to be a market maker.
Yep, those calls for Jan 09 are a monster..60 bucks for Jan 190 puts. I would sell those suckers short. Get level III options access and sell those Jan 09 190 calls at 60 bucks..
Oh and the spread is because MMs are not getting involved, nobody willing to make a market so the retail spreads are fatttttt
Quote Originally Posted by claycourtlesson:
You like options, WSC.
Ever looked at the options in SKF?
What a crock!!!!!! 3 dollar spreads. I need to be a market maker.
Yep, those calls for Jan 09 are a monster..60 bucks for Jan 190 puts. I would sell those suckers short. Get level III options access and sell those Jan 09 190 calls at 60 bucks..
Oh and the spread is because MMs are not getting involved, nobody willing to make a market so the retail spreads are fatttttt