The problem I have with this stock is the freaking float man. Only 9 million shares. This stock could run 50 pts either way! LOL. But she is looking really nice with the lipstick and high heels. 


Quote from Maverick74:
I'm not going to do it, I just can't believe the premium is that high. If the premiums got a little fatter I would be tempted to sell the straddle and short the underlying.
Quote from riskarb:
OMG, that's crazy-talk. I find the thought of shorting this thing repugnant as it rallies 6-10 handles a day. I'll take some short delta, but I want to get paid for it.
Finding stock to short is another matter, and the synthetic is a dollar-wide.
riskarb
Quote from riskarb:
OMG, that's crazy-talk. I find the thought of shorting this thing repugnant as it rallies 6-10 handles a day. I'll take some short delta, but I want to get paid for it.
Finding stock to short is another matter, and the synthetic is a dollar-wide.
riskarb
Quote from riskarb:
She-ite, the reversal is trading at over 100bp in edge, but unable to do it as zero shares available.
Trading the synth. long, buying the OFFERS/selling the BIDS = buying synth. at $97.30 with the shares at $98.40. The wirehouse guys are having a field-day with this issue.
riskarb
Quote from riskarb:
You can sell the TASR Apr 70/80 call backspread all day long at a $.50 credit(or better)
Buying 1 TASR APR 70C
Selling 2 TASR APR 80C
No bear risk -- upside b/e is above $90.
riskarb
Quote from rttrader1:
Riskarb,
Nice....very well done, did you put this on?
rttrader1 -
PS - I didn't have time to read the whole thread....