CL Redux

Quote from Visaria:

what's your day job?

I'm doing back office grunt work at citibank mostly related to municipal bond transactions. Its the first time in my life I've worked in a corporate atmosphere and I love it. I can show up half drunk unshowered and not speak to a soul all evening and and nobody cares. And at least now I don't have to worry about obamacare!
 
<b>Talks With Iran Fail to Produce a Nuclear Agreement</b>
---------------------------------

0/ The proposal under consideration in Geneva was to have been the <b>first stage of a multipart agreement</b>. It called for Iran <b>to freeze its nuclear program for up to six months to allow negotiations on a long-term agreement </b> without the worry that Iran was racing ahead to build a bomb. <b> In exchange, the West was to have provided some easing of the international sanctions that have battered Iran’s economy</b>.

1/ The meetings between Iran and the U.S., Britain, France, Russia, China and Germany ended with no resolution.

2/ Negotiators are expected to come back together for <b>a new round of talks on Nov. 20.</b>
- But the disappointment was palpable, and the decision to hold the <b>next meeting at the level of political director, not foreign minister</b>, suggested that the two sides were less confident of their ability to bridge the gaps in the next round.


3/ " <b>We are absolutely determined that this would be a good deal, or there'll be no deal</b>," Kerry said, speaking from Geneva, where the talks were held. " <b>That's why we didn't close the deal here in the last couple of days, because we are together, unified, pushing for things that we believe provide the guarantees</b> that Israel and the rest of the world demand here."

3.2 / <b>“There’s no question in my mind that we are closer now, as we leave Geneva, than when we came,</b>” Mr. Kerry said. “<b>It takes time to build confidence between countries that have really been at odds with each other for a long time now.</b>”


4/ A lot of concrete progress has been made, but some differences remain,” Ms. Ashton said at a news conference early Sunday. She appeared alongside Mr. Zarif, who added, “I think it was natural that when we started dealing with the details, there would be differences.”

5/ The sanctions "got Iran to come to the table," Netanyahu said. Moving forward with easing sanctions, Netanyahu said, is "going to relieve the pressure in Iran, and it’s going to start, I’m afraid, a scramble in the international community of who gets to ease their sanctions with Iran faster. Not a good idea, not a good deal, a very bad deal."

"I think [President Obama] and I share the goal of making sure Iran doesn't have nuclear weapons. I think where we might have a difference of opinion is how to prevent it," Netanyahu said.

http://www.latimes.com/world/worldn...-blind-20131110,0,5727849.story#axzz2kHgBGaql

http://www.nytimes.com/2013/11/10/world/iran-nuclear-talks.html?hpw&rref=world&_r=0
 
Shocking





Quote from InvestVision:






<b>Talks With Iran Fail to Produce a Nuclear Agreement</b>
---------------------------------

0/ The proposal under consideration in Geneva was to have been the <b>first stage of a multipart agreement</b>. It called for Iran <b>to freeze its nuclear program for up to six months to allow negotiations on a long-term agreement </b> without the worry that Iran was racing ahead to build a bomb. <b> In exchange, the West was to have provided some easing of the international sanctions that have battered Iran’s economy</b>.

1/ The meetings between Iran and the U.S., Britain, France, Russia, China and Germany ended with no resolution.

2/ Negotiators are expected to come back together for <b>a new round of talks on Nov. 20.</b>
- But the disappointment was palpable, and the decision to hold the <b>next meeting at the level of political director, not foreign minister</b>, suggested that the two sides were less confident of their ability to bridge the gaps in the next round.


3/ " <b>We are absolutely determined that this would be a good deal, or there'll be no deal</b>," Kerry said, speaking from Geneva, where the talks were held. " <b>That's why we didn't close the deal here in the last couple of days, because we are together, unified, pushing for things that we believe provide the guarantees</b> that Israel and the rest of the world demand here."

3.2 / <b>“There’s no question in my mind that we are closer now, as we leave Geneva, than when we came,</b>” Mr. Kerry said. “<b>It takes time to build confidence between countries that have really been at odds with each other for a long time now.</b>”


4/ A lot of concrete progress has been made, but some differences remain,” Ms. Ashton said at a news conference early Sunday. She appeared alongside Mr. Zarif, who added, “I think it was natural that when we started dealing with the details, there would be differences.”

5/ The sanctions "got Iran to come to the table," Netanyahu said. Moving forward with easing sanctions, Netanyahu said, is "going to relieve the pressure in Iran, and it’s going to start, I’m afraid, a scramble in the international community of who gets to ease their sanctions with Iran faster. Not a good idea, not a good deal, a very bad deal."

"I think [President Obama] and I share the goal of making sure Iran doesn't have nuclear weapons. I think where we might have a difference of opinion is how to prevent it," Netanyahu said.

http://www.latimes.com/world/worldn...-blind-20131110,0,5727849.story#axzz2kHgBGaql

http://www.nytimes.com/2013/11/10/world/iran-nuclear-talks.html?hpw&rref=world&_r=0
 
Quote from riskaddict:

this feels very counter-intuitive but I'm taking an out right long at 94.64. Risking .35 for .85

Out at 95.10 my day is over and I have no interest in holding overnight.
 
As we sit right on the vwap my plan for today is to buy 98 calls as price gets down to 94.60. Then if we break the wedge line on this hourly that has been forming over the last 4 days I'll buy an equal number of atm puts and look for volatility to jump. Then dump all the puts and almost all the calls at 93.50ish.
 

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Quote from riskaddict:

As we sit right on the vwap my plan for today is to buy 98 calls as price gets down to 94.60. Then if we break the wedge line on this hourly that has been forming over the last 4 days I'll buy an equal number of atm puts and look for volatility to jump. Then dump all the puts and almost all the calls at 93.50ish.

Why can't every day be this easy. Starting to tilt the delta back positive with dec at 93.80
 
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