If this acquisition does go through, the time premium portion of the options would be wiped out. This is assuming that the options will not be converted to adjusted options. Is anyone considering shorting OTM SCTY options?
"Apple shares could fall further as they are set to lose their weighting and be reclassified in the annual reconstitution of the widely followed Russell indexes, reports Reuters."
"When all is said and done, about $1.3 billion more will be sold in Apple shares at the market close on Friday, when the reconstitution of the Russell indexes takes effect, according to an analysis by Credit Suisse."
is a recent article available for free online from Bloomberg magazine. It explains how the Xeon chip is made. An interesting article everyone should take a look at.
You may be correct. Pete and Jon Najarian just announced on CNBC that they had closed out their long UVXY position yesterday.
How about selling short the Jan2018 150 puts. The bid for these is 1.15
This is still a risk since the acquisition will have to be approved by the Gov. Assuming it is approved, the OTM option premiums will collapse when the deal is done.
1400 of the Jan 2018 1.00 calls just traded for 9.35
What do you think their strategy is for this trade?
Filling the 104.35 gap will be the next target. Looking at the price action on March 1 when it last crossed above 100, this could happen within the next few sessions.
Looking at the Sept 15/16 call spread for 0.25 or the Sept 16/17 call spread for 0.20 as a hedge.
The profit would be good but would still require some timing to try and catch a market correction.
Did the rate increase in Dec cause the subsequent market correction? BAC corrected more than the market did. Do you think the next rate hike is going to cause another correction?
You are right. The FTC is sick of this case. There will be a settlement and that will be the end of it.
Has Tesla ever considered partnering with another auto maker to manufacture the Model 3? The other auto maker could make everything except for the electric motors, the batteries and the electronics, which would be made by Tesla. This could be a sure way for them to meet their price and date targets.
I am thinking about doing the July 17/18 call spread for a debit of around 0.25
This could be a good play if you think the market is going to correct within the next 2 months.
The max profit of 300% provides an interesting opportunity. Even if you are wrong on your first 2 attempts and end up as complete losses, if your 3rd attempt is successful, you would recover the losses from your first 2 attempts and still make a profit.
The low on Feb 3, 2016 was a 5.7% decline from the previous day's close.
Today's low of 715.11 is also a 5.7% decline from the previous day's close.
GOOG had continued down for 3 more days after the Feb 3 decline. However, this was during the market correction so it may be different this time.
I had watched the "Playboy's Roller Disco & Pajama Party" back in 1979 when it first came out. You can watch it now on YouTube. Bill Cosby is in this video. Hef had stated that he liked to have Bill Cosby, who is one of his best friends, to hang out with him at the mansion.
Now why would any man want to hang out at the Playboy mansion???