Search results

In 12 months or less.

to start writing BGZ options and collecting those fat premiums?

lol could you imagine of someone buys a large number of call options and makes the assumption it will expire worthless (and assume options never get assigned automatically for buyers) only for it to be ITM by 1 penny and they check their account on monday to see a big ass portfolio liquidation...

I wrote ITM GE calls (22s for november) and they have not been in the money for quite some time :) Infact they are gonna expire worthless for the buyer. Horses for courses.

I thought they learned their lessons after sticking dumbya in the whitehouse. Note to the GOP, you would fare better if you stick someone on the ticket that is articulate and shows some intelligence. Trying to play the Joesixpack crowd is not going to work. Perfect example. America elected...

not our problem. let the CEOS pay a PMC do deal with the issue. The US needs to stop being the free police force on our taxpayer dollars to protect the world. Now if they are willing to write a check for services rendered, then that is a different story.

And use it for corporate welfare. I bet then they will not be complaining about higher taxes since it will go into the pockets of big corporate insiders.

Google was started in some basement not too long ago. All it takes is a few sharp kids from Stanford to come out with a better google than google and it could quickly over take Google. Just like Google overtook Yahoo. Tech moves fast.

Is it possible? if so why not.

We started heading in the wrong direction when we entered the Vietnam War in 65. Ever since then we had problems. You had the 1968 crash, the 1970s nixon shocks, then the final nail in the coffin was the work Reagan/Clinton/Bush did. If Perot would have won things might have been different.

The first thing this country needs to do is pull its military out from the rest of the world, and bring them back here. I bet are expenditures protecting countries who could afford to pay us for the service is quite high.

GM should GO Chapter 7 and then someone buy up all the assets for pennies on the dollars and hire back the whole wad at competitive wages (no pensions etc.. BS) and call it NGM (New General Motors) And I bet that company will become profitable and survive.

This country has become a paper pushing country. Look at the 50K layoff at citibank, the implosion of LEH,BS and all the job losses there. GS, will be imploding eventually. This country has become an empty shell of its former self. We produce nothing tangible, we flip debt instruments around...

Just curious, what purpose did those 50,000 employees served in 07 that now they are not needed in 08. The smart thing would have been never to have hired the 50K employees to begin with.

maybe he wrote calls thinking they were puts :D

kut2 just dropped a nuclear bomb :)

At least he is giving money to a bunch of people who did a great job. They will spend the money etc.. Unlike those billions handed over to the bankers so that cronies could give themselves a fat bonus with it and then lock the money up in offshore tax havens.

Does not look like a bad idea anymore does it. :)

Someone wrote a buttload of contracts for 17.5 :) http://www.cnbc.com/id/27696167 If GE survives this mess they will be in an interesting position looking forward. So many other firms are now "bank holding type firms" and they do have an industrial/infrastructure arm that generates...

lol I hope you guys figured out I was joking :) Well I have the cash for it and I am willing to take those shares put to me on December. Premiums were a bit high so I am betting on them being OTM in december.