haha...that was funny. today's lunch rally was brought to you by shorts covering. It's so easy to manipulate during lunch but look at the 10am drop this morning. With max pain of 250 there will be another drop to come. No way they give a buy rating days before options expiration and we continue rallying like that. sometimes it takes patience...it will be rewarding though. I just bought more Puts for bidu.
I sure hope you are right for your sake. We are seeing $300 again...looks like my thoughts were wrong. They really want this pig at $300, not $290 like I thought. I hope you didn't buy a barn of PUTS. GL.