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    Bush's 2007 Budget

    Yes, I think that's right. Unfortunately, the Supreme Court decided that corporations have freedom of speech too and can use their money to promote their speech... Add in the fact that the 2 party structure has become fossilized -- or should I say gerrymandered -- and there is no room for...
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    Bush's 2007 Budget

    First, I don't see anything wrong with a lawyer evaluating a case to determine if it is likely to succeed on its merits. This is exactly the kind of filter you want in the system. I don't see your point at all. Second, you simply can't put a cap on awards as each circumstance is different...
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    Bush's 2007 Budget

    I don't. These lawyers are taking on huge cases against large corporations for free. They are buying a lottery ticket and betting on their skills to persuade a judge first that the facts support the verdict and then a jury second that the harm done is grevious enough to justify a large...
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    Riskarb's combo to fly conversion journal

    Not the brightest bulb on the block here, but it seems to me that you would have to have some expectaton that ISRG was going to revert towards 130 to want to fly this trade. From what I can see, the choice was take an $8 and change profit now or risk $6 of it to go for a max of $17. From there...
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    Riskarb's combo to fly conversion journal

    ISRG busts a move afterhours...have to wait and see how much of it holds.
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    Riskarb's combo to fly conversion journal

    Ugh... I've had one for a week now. It's got fever, chills, headache, muscle cramps, hacking cough, and other goodies that no human should have to suffer with. Hope your 2 yo bounces fast. Sam
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    Riskarb's combo to fly conversion journal

    Hm... I am showing $11.50 excess value right now -- it's clearly bouncing around. $52ish call vs $40.50 ITM. And I agree right now that's a lot of excess value to give away today. But what I was thinking was people might decide to take profits next week on the strong pre-earnings run-up...
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    Riskarb's combo to fly conversion journal

    OptionCoach, You might consider the risk of getting called away on the 400C as we get closer to earnings...
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    Black Monday

    Just thought I would beat any other fool to the gossip thread for the weekend...:D
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    Anyone trading out of Sherman Oaks. CA

    In the Marina if that's close enough for you...
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    Riskarb's combo to fly conversion journal

    Did you mean $12.60 on the OIH?
  12. S

    Riskarb's combo to fly conversion journal

    pulled up the CME straddle at random. It's up over 10% since the call.
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    generic strategies

    Here is a link to a trading wiki that tries to provide some boundaries for a discussion like this one. http://wiki.finantic.de/HomePage Feel free to add, criticize, whatever...(no it's not mine). :)
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    The Pipeline

    It certainly has retraced quite a ways from that recent high. Just looking at the chart I'd say $8 and $7 look like support of some kind. What are the 100 and 200 MA's saying? Is there a seasonal component? The chart doesn't go back far enough to really eyeball it.
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    The Pipeline

    I find the movement of oil in relation to this issue to be irrational -- to me anyway. It has no short term impact on oil as far as I can tell and is more geopolitical in nature than a commodity impact.
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    Option replication and exotics journal

    In a more general vein and not related to this particular trade, I have always found the currency risk to be a real disincentive against intraday trading of overseas markets.
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    Option replication and exotics journal

    Ouch... I forgot about the currency impact on the hedge/payout. Makes for a more complicated matrix.
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    Option replication and exotics journal

    Hope you've got it pegged. That would do serious damage to last year's P&L...much less this year's. I assume you are targeting @ 60%+ hedged into the barrier as usual? I don't follow the Japanese markets so I have no idea what the ratios are.
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    Option replication and exotics journal

    On a slightly different note, You've really increased the capital at risk with this trade. Are you sizing up for the new year?
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    Ten-year Treasury yields dip below 2-year

    Jumping the gun is a time honored tradition these days. ;)
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