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I guess its not a big deal to say it, they are OTM and the strike is $195 or $15 from today's close. So this is called a time spread? I will definitely take your advice and google it and that video. It makes sense what you said about vega and gamma, I didnt even think about those. Thanks for...

I'm not yet familiar with all the terminology, sorry if i name anything incorrectly. I'm considering doing a butterfly call spread on a certain stock. I want to buy 1 contract (yes im only playing with around $1,500) of October calls at a certain strike and simultaneously sell 1 July call...

This is ET. Where's the flame??

wow nice find.

the US accounts for 47% of the entire worlds military spending. This means that the US spends almost as much on military as the ENTIRE rest of the world combined. crazy.

psh dont worry, i never bought anything. good thing. haha

http://www.elitetrader.com/vb/showthread.php?threadid=129624

hmmm why is no one disputing me?????

The credit carnage has only just begun!!

But didn't get much of a response. I understand financial companies are writing down the losses incurred by defaulting loans. However do they have to write down loans that are no longer secured by anything? Think of all the HELOCS and second mortgages ,there are A LOT to say the least...

<img src="http://media.cnbc.com/i/CNBC/Components/Art/Bios/burnett_e_bio_440_2006.jpg">

HAHA! speaking of boobs, michelle caruso-cabrera.....dayumn. Not much else though.

Is it just me or is Erin Burnette kinda cute? Maria is ok too.

so what does the person with the most monitors win or ??

I too took an online iq test and scored in the 130's. I also like the stocks in your index. Coincidence??? I think not!! Ha

Right, why dont we all do that to offset high gas prices? I mean i don't spend very much on gas so I wouldnt but if you're a trucker or someone who commutes why not? Could hedging be part of the reason crude is where it is?

I was thinking, if you were a truck driver or just someone who is really pissed of about gas prices, couldnt you just do some math and buy enough oil futures to where if the futures went down you would remake the money on cheaper gas and when gas goes up vice versa?

wake up. high oil is here to stay.

haha i doubt if i have the power to bid anything up

Well no one in here seems to hate aapl, that to me is a good indicator that its a buy. Guess Im going to go call shopping.