Replies to post #3082 on °¿°

[Myself °¿°]

http://www.briefing.com/Investor/Public/Calendars/EconomicCalendar.htm
Friday had better than expected Existing Home Sales and the markets stayed down.
On deck;
Monday New Home Sales: to be ignored if good and/or better than prior? Like Friday.
Tuesday Consumer Confidence.
Wednesday Durable Orders, Crude Inventories, FOMC Policy Statement...

[Myself °¿°]

Table for: xjzxm Dec13p

 
          Symbol       xjzxm             
            Type  XLF Dec 08 
                      13 Put 
                             
         Bid/Ask   1.55/1.58 
       Stk Price       13.33 
           Delta     -0.3898 
  Expires (days)          53 
    Implied Vol.       86.88 
     1 Day Decay     -0.0213 
   Intrinsic Val        0.00 
    Time Premium        1.57 
      Off-Target       -2.33 
                             
            5.00        0.14 
            4.50        0.24 
            4.00        0.34 
            3.50        0.46 
            3.00        0.57 
            2.50        0.71 
            2.00        0.85 
            1.50        1.01 
            1.00        1.18 
            0.50        1.37 
            0.00        1.56 
           -0.50        1.76 
           -1.00        1.95 
           -1.50        2.18 
           -2.00        2.41 
      >    -2.50        2.68 
           -3.00        2.94 
           -3.50        3.25 
           -4.00        3.56 
           -4.50        3.91 
           -5.00        4.26 
                             
          Loaded  10/27/2008 
                     1:00 PM 
 

[Myself °¿°]

This week bank shares are planned to be bought...
Probably in anticipation of disappointment.
fed is running out of cut bullets.
62% pricing in .50 interest rate cut
38% pricing in .75 rate cut
cutting it .50 would set it at 1.00%
so disappointment is at hand.
Shorting opportunity is on it's way?

I was afraid of the possible short squeeze before the fed. Thats why my small short position.
Now I get to watch the i'v drain off. I'll add more short as xlf goes up.

[Myself °¿°]

day limit to add 6 xjzxm Dec13p @.88

[Myself °¿°]

Day limit to add 8 xjzxm Dec13p @.65

[Myself °¿°]

added 8 xjzxm Dec13p @.65...
Table for: xjzxm Dec13p

 
          Symbol       xjzxm             
                             
            Type  XLF Dec 08 
                      13 Put 
                             
                             
         Bid/Ask   0.64/0.66 
           Delta     -0.2587 
                             
  Expires (days)          46 
    Implied Vol.       80.23 
     1 Day Decay     -0.0216 
                             
   Intrinsic Val        0.00 
    Time Premium        0.65 
                             
       Stk Price       15.53 
                             
                             
            5.00           0 
            4.50           0 
            4.00           0 
            3.50           0 
            3.00        0.02 
            2.50        0.10 
            2.00        0.19 
            1.50        0.29 
            1.00        0.39 
            0.50        0.52 
                             
            0.00        0.65 
                             
           -0.50        0.78 
           -1.00        0.91 
           -1.50        1.06 
           -2.00        1.22 
           -2.50        1.41 
           -3.00        1.60 
           -3.50        1.83 
           -4.00        2.06 
           -4.50        2.34 
           -5.00        2.61 
                             
          Loaded   11/3/2008 
                    11:51 AM