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Casino play of the week. Come and get it. part II
- Thread starter KINGOFSHORTS
- Start date
She keeps on beating the odds, Unanimous NO DEAL let it roll, win big or go home. No work seems to have been done and productivity drops quicker than LEH stock. Everyone was too busy watching this game closely and cheering on GE every penny up.
Its like watching a close race where the philly is moving up fast but at the last second anything could happen. The excitement was heavy today.
Friday its a total bust and nothing but lint in the pockets but the ride was fun and everyone gets good laughs at happy hour or we win big and time to regroup at Tootsies for some lapdances and celebration.
Big Win or Big Zero come friday.
Its like watching a close race where the philly is moving up fast but at the last second anything could happen. The excitement was heavy today.
Friday its a total bust and nothing but lint in the pockets but the ride was fun and everyone gets good laughs at happy hour or we win big and time to regroup at Tootsies for some lapdances and celebration.
Big Win or Big Zero come friday.
On the eve of earnings, General Electric shares rose 16 cents to $12.40. In GE options, about 139,000 contracts traded with puts outpacing calls by a factor of 1.17, according to Trade Alert. The most actively traded are 61,532 contracts in the July $13 call strike, 60,856 lots in the July $12 put strike and 40,186 contracts in the July $12 call strike. "Right now, the options market is pricing just under an 8 percent move in GE shares in either direction based on July option pricing, said Joe Kinahan, chief derivatives strategist at thinkorswim group. There has been rampant speculative trade on both sides and the focus is in the July contracts with one day of life left before they expire on Friday after the close, he added. Traders have been bracing for volatility ahead and after earnings by using a combination known as a straddle in which they bought July $12 puts and calls this morning bracing for share swing of as much as 6 percent above or below $12, said Andrew Wilkinson, market analyst at Interactive Brokers Group. Reuters Messaging: doris.frankel.reuters.com@reuters.net 1612 ET 16Jul2009-IBM shares up, Google falls after bell ----------------------------------
And she falls at the last second for a disastrous loss. Total wipeout!
They said NO DEAL at 15 cents yesterday.
Trying to unload this faster than rotted fish. I got filled partial at 2 cents this morning. Will leave it open, if anyone wants this for 2 pennies come and get it.
Maybe get some glue from this dead horse.
They said NO DEAL at 15 cents yesterday.
Trying to unload this faster than rotted fish. I got filled partial at 2 cents this morning. Will leave it open, if anyone wants this for 2 pennies come and get it.
Maybe get some glue from this dead horse.
Quote from KINGOFSHORTS:
Actually who ever bought them at 2 cents and sold them yesterday for 17 cents made some nice returns.
I don't think you understand the spirit of this back room wager. It was fun while it lasted.
FUN is one thing.
Options are for investors.
Options are for reducing risk.
They were not designed for gamblers, and even though you had 'fun' - in my opinion it sets a very bad example for rookies who come here to see 'what are these things called options.'
Have fun!
Mark