I closed out my SPX & cube calls for small gains, but I am not short anything, and did not short anything today, either directly or with puts. On the contrary, I went long some MOT, GIGA, OLN, and a few others. Friday is going to be a huge expiration day, so I will be looking for cheap options that can defy gravity.
As for FTEC, they do most of their biz in NJ & NYC. A slam dunk. Got a few DYNT shares @ a buck...the mms are just backing away, letting it fall 18% on almost no volume. Actually, they are backing away from everything. So much for that supposed "gentlemen's agreement" not to short. Yeah, my ass..
I think kudos are in order for the exchanges, they have done a great job getting the markets open. |