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.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (76528)	7/18/2011 11:27:34 AM
From: Canuck Dave	Read Replies (1) \| Respond to of 217652

Watch out for pastis, TJ. It's dangerously addictive, exquisite when cold, and packs a mighty wallop. Olives or not. CD

To: TobagoJack who wrote (76528)	7/18/2011 11:30:06 AM
From: carranza2	Read Replies (1) \| Respond to of 217652

If contagion hits these shores, BAC is toast. Very badly exposed to Europe and now this: bloomberg.com A good short, though the room to short it is decreasing by the day. The Lehmann Bros. of this cycle, if contagion should take place.

To: TobagoJack who wrote (76528)	7/18/2011 11:56:24 AM
From: elmatador	1 Recommendation Respond to of 217652

The warnings are apocalyptic. “Armageddon” “Catastrophic” .“Calamitous” “unthinkable” some blast the administration for its “scare tactics" but financial experts say hitting the debt ceiling or coming really close to it would destabilize the markets and the economy. Just how dire the consequences would be is difficult to predict, but many Americans could feel the impact almost immediately. Default could 'sink the whole boat' news.yahoo.com

To: TobagoJack who wrote (76528)	7/19/2011 10:02:10 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 217652

re: <silver shall be sought as a shelter...therefore - SELL wallops of PAAS Calls, 38, Oct 2011 at 1.40 - SELL wallops of PAAS Puts, 33, Oct 2011 at 2.70> PAAS at $33 today. Selling options, rather than buying, makes sense, so time decay is on your side. Selling at-the-money PAAS puts makes sense, if you expect a flight-to-PMs. But why are you selling the calls? PAAS has been as high as $43 recently. I'm asking you, because you seem to do this successfully.