So be careful shorting Volatility into tightening cycle. It is just insane timing to be shorting volatility.
I think this pins $120 tomorrow based on NAS futures.
Infact it probably will as shorts trample over each other.
CMG weekly puts. (100 contracts x $0.04) = $400.00
You could sell them for $288,100.00
CMG Nov 2015 567.500 put (CMG151120P00567500) -OPR Watchlist
28.81 Up 28.76(57520.00%) 3:56PM EST
Prev Close: 0.05
Expire Date: 20-Nov-15
Day's Range: 0.04 - 28.81
Contract Range: N/A - N/A
Open Interest: 204
How will that impact offshore debt (cost will go sky high when FED starts raising).
Goldman wants to pump the market but did zero Due Dilligence to find out what's happening to sales.
AAPL's profitability comes from sales of hardware not the rest of the echo-system (sales of software / services).
Hardware from Iphone is 65% of AAPL's profit. They also have very heavy retail lease obligations. If sales by SQF fall, they'll be paying dearly.
In the mean time they used $100BIL in cash and loaded up $50BIL of debt to buy back stock. Now the market cap is $700mil with slowing sales. Pretty scary when valuation is based on 1 product line that due to saturation is becoming a commodity (check solar calculators).
We simply need to watch FED and that is a road map to profits.
Market goes higher since they won't raise rates and I say this with utmost certainty.
Must be praying for another attack. Guess what, UVXY at $10 by the end of the week.
Just to make a few bucks.
Disgusting. I hope market rips higher on Monday morning so we can watch you squirm.
how about that. Vladi and Obama friends again, joined by ISIS.
Market will actually rally now.