Replies to post #65553 on Options Wonderland

[leemalone2k3]

In a week, those 39s should be trading around 1.36.

If you sell the weekly put spread you are looking at a very nice return on both sides ( about 2x return).

[Orvis]

Governor Masaaki Shirakawa told reporters late yesterday he’s ready to unleash “massive” liquidity, and the BOJ said today it will pump 7 trillion yen ($86 billion) to maintain financial stability. Economists said officials will likely decide to keep longer-term credit programs at a total of 35 trillion yen. The bank’s main interest rate has already been cut to near zero as policy makers last year sought to end the nation’s deflation.