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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (148057)	9/19/2008 12:53:39 PM
From: bentway	Read Replies (1) \| Respond to of 306849

What happens when the next big corp goes tits up AFTER we been "sabed"? Nutter bailout?

To: Think4Yourself who wrote (148057)	9/19/2008 12:56:00 PM
From: BWAC	Respond to of 306849

A month from now we could be crashed again. Bigger. Don't care. Most all the option spreads expire/settle today for me. I leave flat and out except for one position. I won't name it, but I will tell the setup ratio. Short 10 Calls Long 200 Calls Total risk is about $5,000 if the MarkIt falls. Might gain $50,000 or more if next week goes up big. I can hedge into any minimal rise (sell more Calls) to reduce the risk to near zero.