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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (69805)9/14/2006 8:56:41 PM
From: mishedlo  Respond to of 110194
 
Succo is a 85% pure volatility player.
He will buy whatever they are giving away and typically (but not always hedge)

For pure plays...
If I am not mistaken he was naked short on GM from 45+ or so to 20 or so and then has been playing the long side on the basis that options were priced for bankruptcy too soon and those would be unwound. I suspect but do not know that he may be inverting that position after this rise.

He is one bright guy.

Mish


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