Replies to post #91372 on SPDR S&P 500 (SPY)

[Neutral Man]

And da-4cast-r says, -4.0% down day, Oh-Boy!!??

Date Open High Low Close
20-Nov 43.41 43.55 43.28 43.45
23-Nov 43.87 44.40 43.86 44.14
24-Nov 44.14 44.15 43.73 43.99
25-Nov 44.14 44.22 44.01 44.18
4cast
27-Nov 43.46 43.49 42.08 42.24


Looking like a -20% correction by 18Dec, WOW!?

Boyz, you Rock and we LIKE IT!!

[2bit-nothing]

NM, are you Palisades Research by any chance...

for your eyes only ...ouch

Comments: November 25, 2009

Current position 100% Long: Rydex NDX 2x fund for Friday. As the volatility falls we are able to increase our leverage on what we feel are our less risky trades. Doing this provides a more uniform daily level of risk. And a better overall risk reward ratio. The markets close at 1PM Eastern on Friday with the Rydex funds closing at 12:45.

2bit

[Neutral Man]

Bada-Bing, Bada-Boom, got filled on dem Dec42 calls!

StO, 120 Dec42 calls at 1.65!

We hold the following:

BtO, 40 Dec43 calls at 1.40
BtO, 120 Dec44 calls at 0.90
BtO, 120 Dec44 calls at 0.77
BtO, 80 Dec45 calls at 0.51

StO, 120 Dec42 calls at 1.65


Total gains for the DecOE = .20 against 40 contracts

24Nov09, posts as 0.20 against 40 contracts

BtO, 80 Dec43 puts at 0.50, StC at 0.60, .10 gain