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Baloney. He bought the 85,90,95 calls and nearly DOUBLED the implied vol. It may in fact go to 80 or 85 by next month but all those calls would be worthless. no 10k for you. This could be a rouge situation or some utterly retarded adviser telling his client that's a decent way to cover...

You forgot to add all the dividends he would have had to pay (or negative futures rolls). Add roughly $40 to the loss (per contract)

Today, some dude buys 150k Jan TWTR calls driving the IV from 80ish to 140+. As of this moment he is out roughly 50mm. 10k to the charity of your choice if you can get me the FULL details on this 'tardo move. Yes, I sold quite a few of them.

And Ralph's secret whisper to Alice was "You ain't stopping at the moon Alice... you're headed all the way to Pluto" Top at 1900? 2000? 2200? OMG! Merry Christmas everyone!!! A time to smile and be happy!

That puffy white tooshie of his is going to be PRIME meat in the gray-bar hotel!!!!

Rocket man says it's "I think it's going to be a long, long time" before the decline!!!! lol!

And the Bernack keeps on giving!!!! Thanks Ben!!!!

On this eve of Thanksgiving, I am thankful of the market that keeps on giving, giving & more giving.... Thanks for the giving and to the moon Alice!!! To the moon!!!

Stupid Moron? Pleonasm or anti-oxymoron? Please... show me the light...

1810 bid now..... When/where will it stop? Perhaps January from 1860+

Like Robin Hood, I steal from the rich.....

Nitro may be right on the last add. I've been long for 1000+ handles and selling everything except some AAPL today. Been quite a ride.

As it was said, and so it shall be done. AAPL + 15, GOOG -5. Could be some serious fireworks in this later today!

The fact that everyone needs/uses it does not in itself make it an SEP. We shall soon see how aggressive AAPL is in inflicting pain against GOOG and other violators.

The anonymous challenge to the 'Steve Jobs patent' has backfired: http://www.fosspatents.com/2013/10/us-patent-office-confirmed-all-20.html http://appleinsider.com/articles/13/10/17/apples-multitouch-steve-jobs-patent-revalidated-in-full-by-uspto As Apple brings this ruling back into...

Atticus ended it today. Lost the entire net-liq short GOOG gamma. RIP.

Just to clarify, your double negative is saying this IS the top?? Been hearing that for the last 500 handles in the SPX. I'd rather make money than be on a crusade to fade....

Only thing imploding is VIX and short positions... Next stop 1790? 1825? Oh, the humanity of it all!

RM, your comment is PRICELESS!!!!

Chops, chops, chops. Spooz up 40, Nazz up 70.... Howabout those chops???