Tuesday, March 26, 2013

九數佬大俠, 救我啦!


Am I the only semi-bear left in the house?  

The S&P is as close to its all-time high as 9FM and I are to being a financial item this year.  This time, we've got only a 6-10% difference of opinion going on, but he is the seller and I'm bidding on behalf of a client who buys the equivalent of at least 5,000 to 10,000 units per month of a $70+ SKU with the potential to purchase up to 50,000 units per month if the price is right.  This could translate into real money for me, but alas, 9FM is as unwavering as ever.  He's got two prices: take it or leave it.

I've been begging him since December to no avail...  What's a diva to do but risk financial life and limb in the options market?  

One of these days, today's reluctantly increasing call prices + sharply decreasing put prices will be replaced by downtrending call prices + violently increasing put prices as the naked call sellers jump in en masse and send the bullish put sellers into hiding...  Will it be before my puts expire in April or will I get played again?

-2.11% SBA (embarrassing, I know... darn SPY 154 puts... LOL)
-0.44% Roth IRA

+0.77% DJIA
+0.53% Nasdaq
+0.78% S&P 

+0.33% FTSE
+0.18% Eurofirst
-0.60% Nikkei
-1.25% Shanghai
+0.12% SENSEX

+1.56% WTI
+1.16% Brent
-0.60% Gold
+0.28% Copper
-0.55% Corn

-7.06% VIX
+0.78% DJT



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