I kinda liked GOOG's approach.. sort of made me feel that they wanted to have a level playing field and keep the wall streeters and the main streeters in the same darkness, instead of the "visibility" afforded by the big investor/players.
damn, this thread is polluted, I'm just curious if there is any downside left in this pig or is it artificaly supported now.
although todays action is contrary to my original supposition.
my other opinion is people should ignore stock_trader's willy-nilly pronouncements.
I'm terribly bearish on this company and stock but I suspect there will be an upward surge
It will not continue to be the ATM for shorts it has been
The put volume has been significant especially the sept 20's, short interest is higher than ever. (I smell a rat)
The puts especially had...
I am a relative novice at options, but after watching a set of 10 stocks month in and month out and paper trading (e.g. NVDA, XOM, VLO) I had a series of winning straddles the last few months of 2006 on XOM. Buying the straddle when the stock hit a workable symmetric strike price.
I'd...
Can some of you options mavens point out the weakness in this trade.
My short term outlook is bearish, long term is bullish.
long 1000 VLO at 61.90
short sept 62.50 calls 10 @ 3.40 bid
long aug 60.00 puts 14 @ 2.40 ask
It will be problematic after august expiration if VLO is above...
I'll say it again... give me a track record longer than 1.5 months and then we can judge your effective leadership and superior intellectual stock machinations.
I think 25 is the reported book value of this pig. Of that 25.00 I wonder how much is real.
I suspect that it will heaviy defended every dollar down to 20.00, until someone uncovers a gross valuation error.
Lets see you stand the test of serious time. a track record of 1.5 months hardly does a trader make.
But on the bright side, we get to see your world-beating insight !
11Blade
In not so quite colorful language, I completely agree.
Like many other times of heady valuations and poor risk assessment, the markets should bear the pain of unbridled and unrestrained capital speculation.