just an opinion on conservative side
Yes and no. Modest morning gap up to 411 spike kills puts, and invites new call buyers,, but then straight down to close gap kills calls buyers who also lose overnight because they paid too much premium. How low it goes is the big question and then it runs up with broad market late in the day.
Becky is doable on her good days, Melissa needs be fired for being too Asian
you will be buying VMW at $82 when whoever sells their PUT contract back to 2U bag holder long
this is perhaps one of many who now sit naked and exposed having sold short puts today
as Warren Buffett said, "we see who went swimming when the tide goes out" = tomorrow will be low tide
CMG will be lackluster and post in line numbers, guide cautiously for corn tortilla input costs, destroying most calls & puts too far out, and gamblers will be making burritos at home soon like Mexicans do when broke. If anything this moves down like Jan16th, and deep money puts are the way to go.
not sure why anyone cares to sell for the next few days,,, so the only question be whether to cover at the open, mid day or the close let alone past Wednesday,, China is building a strategic gold reserve and if you were a decision maker in the regime = load the boat thanks for Goldman's gift that came early
from the gold slaughter?
people should be looking at more than just the marathon event this eve
we are getting the entire last decade thrown at us inside of a couple weeks
bird flu, bombings, more shootings, Yen crisis, Cyprus, gold melts
authoritative rule and random checks are the only thing that one can be sure about next