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Ecomike

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Ecomike

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Re: mlkrborn post# 16247

Friday, 10/30/2009 7:09:27 PM

Friday, October 30, 2009 7:09:27 PM

Post# of 46464
In case no one has noticed (LOL) we seem to be in a medium term down turn correction in the markets (except for the dollar which is in rally mode). I bought what I think is some real cheap short term insurance for further temporary large moves against my long position in FRE. And they are still cheap as hell. I bought $1 Dec puts for FRE, at only .05 each. We were at 1.06 at one point just last week when the market was still higher than todays new (recent) low. What I can not figure out is why the $1 puts are still so cheap. Something to watch anyway.
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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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