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  1. L

    Help with Lean Hog Abbreviations-newbie question

    Hi There Trainee2006, You have to be able to research these sites. For example, the CME link I gave you has a site search box. I simply put LH LE into it and clicked. Here is what it gave up: CME Board Of Directors Approves Side-By-Side Trading Of Lean Hogs ... ... Electronic trading...
  2. L

    It's Britney, Bitch...

    Hi ShoeshineBoy, No, I haven't seen the documentary but I knew she, Xtina and Justin were in the same Mousecateer group. I'll keep my eye open for the documentary thanks. The entertainment industry machinery (nice visual) has made and broken many... young, old, black, white, male, female...
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    It's Britney, Bitch...

    Hi jzlucas, If you and I had the constant 24/7/31/360 glare of the spotlight 95% of our lives, they would have captured and publicized things that make any of us look awful. I would hate to be defined by outsiders who know only that kind of image of me. Say what??!! You've got no...
  4. L

    It's Britney, Bitch...

    Hi Don, Yeah, I hear ya... Not from my generation either. Most girls party to some extent in their late teens thu their early 20s anyway. Thing that gets me is most girls don't have virtually unlimited financial resources to go as far as their imagination take them. Relative to her...
  5. L

    Help with Lean Hog Abbreviations-newbie question

    Check with the CME (Chicago Mercantile Exchange) for their product specs and symbols. http://www.cme.com/clearing/clr/spec/index.html For future reference, the exchange a commodity is listed on is the end all and be all for contract information. Peace and gtty. Lar
  6. L

    It's Britney, Bitch...

    250 K for showing up, eh? Shows she is still potent. I think she'll make a comeback as significant as Mariah's. An interesting life from obscurity to world wide recognition. She's maintained her own identity even in damage control mode. Cute too. Go long Ms Spears. I think she'll pull...
  7. L

    Naked option sellers: When do you profit take?

    Depending on how we get there, I like to let them expire while keeping in mind the last few drops in the "time value" bucket may cause trouble. If the last few tastes of theta are becoming troublesome, I am as likely to offset there as I am to roll up or out for a credit. It depends on what...
  8. L

    It's Britney, Bitch...

    She's a Juggernaut, Bitch... Her comeback single is quite good. And is in character. Who'da thunk it. Gimmie More.
  9. L

    selling CALLS vs. buying PUTS

    Another difference: Short Call: If the market gets above the short call strike at expiry, you can be assigned a short contract. Long Put: If the market gets below the long put strike at expiry, you can be assigned into a short contract. fwiw Peace and gtty, Lar
  10. L

    Thought for the day............

    Why is it we choose from just two people to run for president and 50 for Miss America?
  11. L

    Almost Risk Free Trade

    benysl, I stand corrected. My apologies, cusses and thanks. apologies: I have no experience with ETFs and mistook QQQQ for having futures-like options when they actually behave more like stock options. cusses: Wasn't looking for a whole new instrument to learn this week but here we...
  12. L

    question for option pros

    Nec, If a 100 strike put was purchased and the company stock subsequently dropped to 30 (for what ever reason) the value of this put becomes 70 plus time value. That 70 plus time value (70+ tv) is what this put is now worth. Call the broker and sell it back for something in that...
  13. L

    question for option pros

    Think it through... who is on the other side of your Put contract? The clearing house is (not the company). So, what happens to your puts?
  14. L

    Doing the opposite

    Even if it did work, methinks it would be a short and direct route to the nuthouse when mixed with position pressure and random rewards. Peace and gtty, Lar
  15. L

    The Next Bubble

    military suppliers
  16. L

    Almost Risk Free Trade

    I thought QQQQ was another name for the Nasdaq_100 - which is a futures instrument where friday eod: Aug 2007 Underlying Futures Price = 192900 Sep 2007 Underlying Futures Price = 192900 Oct 2007 Underlying Futures Price = 195175 Dec 2007 Underlying Futures Price = 195175 Here, the...
  17. L

    Almost Risk Free Trade

    Hi Eliot Hosewater, I am not sure of what you are asking about... my positions? or something regarding serial months being fungible? or the spread between different contract months? I am also not looking to hijack this thread. I just want to help the OP reevaluate the risk of these...
  18. L

    Almost Risk Free Trade

    Hi benysl, Fwiw, I was not talking about the b/a spread but the spread between the contango months. (The different months you selected trade at different prices) It is necessary to take this into consideration when evaluating the risk involved. IOW, the risk is much greater than the...
  19. L

    Almost Risk Free Trade

    Hi benysl, IV crush plus the wide contango spread between front and back months are also enemies of this position. Just curious about how much you will walk away with. Please keep us posted. Regards and gtty, Lar
  20. L

    Almost Risk Free Trade

    Is the juice worth the squeeze?
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