InvestorsHub Logo

Vi

Followers 9
Posts 453
Boards Moderated 0
Alias Born 12/27/2002

Vi

Re: DB45 post# 4579

Wednesday, 06/03/2009 2:30:29 PM

Wednesday, June 03, 2009 2:30:29 PM

Post# of 7196
Actually, wrong I am. The Market Makers sold June $1 GM puts
at 0.4 a pop, with no ability to hedge these puts because
there were no shares available. That's who is trying to
hold GM at 0.6 until these puts expire. Not sure if they will
be successful.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.