My option trades

atticus · Apr 12, 2012

The trade has small profits at 660. Honestly, the short calendar was the way to go. We'll be lucky to get 2.25 for it.

optionatrix · Apr 12, 2012

Quote from optionatrix:

Do you know when the split will occur? I have a 660/680/700 fly, and I assume strikes will be adjusted fairly.

oh never mind. The voting will be in June, so it won't affect my position.

newwurldmn · Apr 12, 2012

Quote from newwurldmn:

Not really. You get a new share but your old share gets diluted. I think they do a stock dividend because there are some kind of favorable tax implications for all involved.

We'll see about the pnl. Again, I did it in small size to my book. So it won't move the needle either way. That monthly vol has a lot of effect. I was modelling it to 25, but as i look, it might go to 20. that would change the pnl dynamics a lot.

BTW - DIDN'T PAGE AND THE OTHER GUY SAY THEY WERE NEVER GOING TO SPLIT THE STOCK. THEY SAID THEY WANTED TO THE STOCK TO BECOME LIKE BERKSHIRE SO THAT SHAREHOLDER BASE STAYS LONG TERM INVESTORS.

newwurldmn · Apr 12, 2012

Quote from atticus:

The trade has small profits at 660. Honestly, the short calendar was the way to go. We'll be lucky to get 2.25 for it.

Yeah. that's kind of what I am thinking as well. If the vol settles at 25 for apr, I think it's a different situation, but I think it will settle at 23. I think I make a $1 on this.

atticus · Apr 12, 2012

Quote from newwurldmn:

Yeah. that's kind of what I am thinking as well. If the vol settles at 25 for apr, I think it's a different situation, but I think it will settle at 23. I think I make a $1 on this.

If we're 645-55 it's a double and change.

atticus · Apr 12, 2012

Quote from ForexForex:

You must be referring to me as "THE OTHER GUY". What I said was that "GOOG will never split the stock until 2012".

You're the retard who edited his buy to a sell on GOOG's earnings release in 2011. D-bag fraudster.

ForexForex · Apr 12, 2012

Quote from newwurldmn:
BTW - DIDN'T PAGE AND THE OTHER GUY SAY THEY WERE NEVER GOING TO SPLIT THE STOCK. THEY SAID THEY WANTED TO THE STOCK TO BECOME LIKE BERKSHIRE SO THAT SHAREHOLDER BASE STAYS LONG TERM INVESTORS.

You must be referring to me as "THE OTHER GUY". What I said was that "GOOG will never split the stock until 2012".

EDIT: Atticus has psychic abilities, he quoted my post 6 minutes BEFORE I posted it.

atticus · Apr 12, 2012

Quote from newwurldmn:

BTW - DIDN'T PAGE AND THE OTHER GUY SAY THEY WERE NEVER GOING TO SPLIT THE STOCK. THEY SAID THEY WANTED TO THE STOCK TO BECOME LIKE BERKSHIRE SO THAT SHAREHOLDER BASE STAYS LONG TERM INVESTORS.

No worries.... $653 last.

babutime · Apr 12, 2012

Quote from ForexForex:

Even though GMCR is on my watch list I had no position.

If I lose money tomorrow, just remember this was all a paper trade

If I make money though, I called it like a pimp calls his b!tc#e$ out!

newwurldmn · Apr 12, 2012

Quote from ForexForex:

You must be referring to me as "THE OTHER GUY". What I said was that "GOOG will never split the stock until 2012".

EDIT: Atticus has psychic abilities, he quoted my post 6 minutes BEFORE I posted it.

Actually referring to the cofounder, not
Some piker who writes in a larger green font for attention.