Foolishly you failed to use birth control and now you have a pregnant butterfly.
A fair question. The problem is that on Tuesday and Wednesday SPX was high enough that it was hard to find a good point where you could stop out....
If there's one thing you should have learned by now it's that Wall Street will make money by any means it can get away with. If a trader is long...
My SPX chart shows an opening price of 1171.85, not at all far from the settlement price. Of course that price lasted about 5 microseconds, and...
Israel keeps all its illegal settlements in the West Bank, in violation of the Geneva Convention. Palestinians in the West Bank have been kept in...
I understand what expectation is. I also understand what a bid/ask spread is. Even if the mid-point price of an option is priced so that it's...
Looks like the poster before me got the closer number. The official expiration price: 1172.95 Given the size of the spike (+7) followed by an...
The price is posted at noon here: http://www.cboe.com/data/Settlement.aspx Looking at the charts, SPX in the first minute opened at 1171.80...
Going long on far out of the money options is indeed very much like buying lottery tickets. The expectation is negative, just like for lottery...
The expiration price for SPX is based on the Friday opening price of each of its component stocks. So, although SPX closed at 1165.50 the...
Well the SPX options, which cease trading at 4 PM on Thursday and expire at the Friday open, still have a fair amount of time value priced into...
Well the right wing Israelis seem to want to drive all the Palestinians into the sea, so that about balances things out. I don't have a dog in...
I guess it's funny if you're not a Palestinian. Or if you're a typical American, totally ignorant of the history of the place.
I'm not a fan of Obama and even less of his choice of church and preacher, but in all fairness anyone who dares criticize Israel will be called an...
No, it's a rogue nation because it keeps stealing more and more land from the Palestinians.
Of course if I had any children I wouldn't entrust them to fringe crazies. That's why I'd home school them. The public schools are dominated by...
"Social science" is like "military intelligence" -- a contradiction in terms. Social "scientists" start with a predetermined political agenda and...
I am an American, you jerk. But you are right -- they're not my congressmen. 99.75% of them don't represent me in any way. BTW, you must be...
Israelis are a 20th century invention. By ethnically cleansing the Arab people from what is now Israel proper, and then stealing more of their...
Me, I'm tired of hearing about how a country that tried very hard to sink the U.S.S. Liberty in 1967 (and still lies, saying it was an "accident")...
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