The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ChanceIs who wrote (103082)	2/2/2008 3:50:40 PM
From: saveslivesbyday	Read Replies (1) of 306849

"I just tried (Sat PM) to place a short order through Schwab." I can't believe you wrote that Chancels - I did exactly the same thing! And got the same response from the Schwab computer. The premium is huge on the puts, 12.50 Feb puts at $1.60 - it's unheard of for there to be that much volatility premium until lately. I think selling the calls is the way to go. Or sell a call spread, or buy deeper ITM puts as a "synthetic short". If you were willing to short at $12.00 why not just buy the 22.50 puts for 10.60 and give the MM a little tip on the spread? GT Saves

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next