Recent content by Allspread

What you said...and some of these geniuses STILL think we've hit a bottom! I have no idea where the bottom is, and I'm not going to guess. Wherever it is, it hasn't happened yet. For right now I'm going to continue putting on bearish option positions on ETF's and watch the overall...

Chiming in from the southeastern USA: - First time in my adult life (I'm 40) that I have friends who are unemployed and are having a tough time finding work, and these are middle class people pulling down $40K-$50K a year, not the top end of the scale. - In an area that did not have the...

Didn't SPY volume drop dramatically in the last hour? People trying to bail with no buyers ... price takes a dive. Still looks like more 830-1000 SPX range trading to come ...

I'll sell a covered call at a 100 strike and when the price moves to 110, I'm a genius, because no one will exercise a 100 call option with the price at 110. :dumbass-icon How'd that 38 OCT QQQQ call buy work out? Last I checked, you'd lost 96% on that trade. Did you make it all the way...

For people selling stuff like cars and furniture. Does not apply to the over-entitled.

It sure is. Obama '08!

The real risks they have in this market, RIGHT NOW? Huge. The market returns to sanity (at some later, unforseen date) and the VIX and the RVX drop below 30? Maybe 5% a month potential returns annualized yearly if you're a good risk manager and understand how to trade them.

I *RELISH* the circular firing squad that the Republicans will become the morning after Barack Obama is elected the next POTUS. For icing on the cake: the end of the influence of the conservative redneck Bible-thumping South as a force in national elections. Buh-bye, Mrs. Palin!

Bid closed at $0.06 today. This trade is now -96%. Hang in there! Could be as good as -93% by tomorrow.

LOL It'll be a race between overall market decline and theta decline to see how the bid gets down under a dime faster.

The NASDAQ could rally 10% tomorrow and you'd still be a loser on this trade. Bid on OCT 38 QQQQ calls closed at $0.36 today. You're down 80%. Hoping for a big rally this week to get you back to a 50% loss or what?

You definitely got that right. EBAY continues in a slide this morning and this just hit the wires:

You said your time frame was sell Friday or Monday: OCT 38 QQQQ bid is $0.44 as of 10:00 EDT Monday. You’re down 75% as of right now on this trade and we’re just now getting into the acceleration of theta decline. Gonna shoot the moon and go for 100%?

Posted this originally June 10. Stock price is down 35% since July 9, now trading at a more than 5 year low. Buh-bye, EBAY. Sorry I didn't make any more money off your website (and you off of me ... it *was* a symbiotic relationship) but I sure cleaned house shorting your worthless...

Bid on 38 QQQQ calls at $0.80 at 15:42 Friday ...