Silicon Investor (SI) -- The First Internet Community

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.

Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: cubsfan who wrote (5469)	5/12/2009 10:31:31 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 6370

Nearly impossible to wait... see AXL. Day later one would have got only $3 to $3.20 I blew it on SKF strategies. While I have a decent cost free options long position I capped it at SKF 135 by autumn. By today, I would have received the same cap at 145. The easiest trades, are in my belief, writing far out of the money FAZ and FAS options. As FAZ and FAS both eat up their temporary gains in the grind which usually follows directional periods, those options will never ever be in the money. They paid implied volatilites at 180% to 240% something which FAZ and FAS won´t realise.