Search results

In case you didn't notice, today FAZ did a 10/1 reverse split and FAS did a 5/1 rev split. I have been predicting for a while they would do rev. splits. Anyways, Yahoo doesn't list any options for them now and I logged into my OptionsXpress account and to my surprise they don't even list any...

I think it's obvious you are seeing the wrong doctors. There are many good drs. out there in the U.S. (I'm in the L.A. area) and yes, they still make very good money and if they are going down a bit, it's that they can't afford the Ferrari and have to settle for the new MBZ (well actually they...

No, they'll fail because they haven't hired me yet. Of course, I'm listening for the right price :). Software testing anyone.... Reputation forever anyone.... :)

Boy, there's a shocker. A sports guy who is stupid??? It really sucks the way this guy treated people and then had a super house, Rolls Royce, private plane, etc.

Just wanted to make a quick comment about MCD and breakfast. I have 2 MCD nearby and anytime on Sat/Sun from about 8:30-10:30 the drive thoughs are at least 5+ cars and the parking lots are quite full. On the other hand, the Wendys which is in between the two MCD (so no location issue) I...

They don't work for free. Even if they had 0 trading expenses per se, they have expenses. The closest I could find in a quick review was market close Jan 30-Feb 2 XLF - 9.24 to 9.24 (one market day - no change) FAS - 9.17 to 9.17 - no change FAZ - 50.40 to 50.07 - drop of .33 Remember...

Well, if an index stays at the same value, but the 3X bear and bull both decline, you can call it whatever you want I guess. Even if it's a mathematically based decline, there is some time required for it to occur. I wouldn't entirely discount the cost of doing business though meaning the...

Here's some more thoughts about these 3X ETFs - first of all I wanted to say that I think the Financial 3Xs have shown more decay then some of the other ones, which makes sense because options on Financials have clearly been very expensive (i.e. High IV on big bank stocks, etc). However, I...

Heech, Mark answered alot of the items so I won't repeat them. I have seen some days where for example if financials are up 5%, maybe FAS goes up 14.80% and FAZ goes down 15.2% for example. At that rate, they will lose. I haven't watched it closely to know if they ever have days where they...

I don't know - look at past values for FAS/FAZ - there were times when both ETFS were much, much higher then either of them are now. For example, look around end Nov. 08 - FAS was 30 something and FAZ 50 something. Actually, I think an interesting though is to consider ATM or slightly ITM...

What a joke. Inflation is one thing, but come on. BTW - fear mongerers always forget to point out the good in inflation - people could easily pay off their home, car and other loans. Think about it - multiply your income and some expenses by 10 fold, except the mortgage, car payment, other...

Zero volume simply means there was 0 volume on that option today. Some other day the volume could change. The 660 open simply means at one point some were traded and remain open. For example, when IBM was lower (say 90) someone might have bought 200 of them (for example) and the trade has...

The answer to your question of course depends on the time and if not at expiration, then the IV. Purely at expiration, the move simply needs to be large enough to cover the costs of the put and the call. A quick example should make it easy to understand: Stock XYZ is at $50 50 strike...

When I first read that, I thought you meant you bought some using your Commodore 64 computer! I thought - wow a trading platform on that thing?!!?! I had a C64 - it was about my third computer after a TI something and an Atari 1200XL - those were the days with the 64K of memory and ways to...

The next things will be an Ultra Swine Flu and Ultra Short Swine Flu ETF - then the 3X Bullish Swine Flu and 3X Bearish Swine Flu ETFs will follow. LOL :) JJacksET4

One more quick note - I have done several hundred ebay transactions - not a ton, but quite a few and have sent checks and received checks and never had any real problems with checks or money orders. JJacksET4

I know. Imagine if WalMart bought Wells Fargo Bank and then would only accept checks from that bank for the only form of payment and suppose you got screwed over at some point by Wells Fargo Bank - would you still go to WalMart or just change to Target or whatever? I have nothing against...

I have no idea about Ebay Motors specificially, but I simply cannot use ebay anymore as I refuse 100% to use Paypal - they screwed me over once and I had to do a bunch of work (some of it was time sensitive so I was spending time at work sending emails etc.) to get it corrected. I just felt...

Looks like those May calls payed off pretty darn good today! Hope you still had them Congratulations if you did! JJacksET4

Spin, I agree. I agree. I agree. However, people will view it like this - if 100 shares is "risky", but a DITM call is "safer" (due to Lenny's claims for example), they will think they can just buy 2 DITM calls then - as it's the same cost anyways (in the examples given). I don't consider...