Memorial Day Weekend Decay is already in the options. We used to run 3-5 days ahead in the models to price this week. One could usually get a...
seems to me you will be long 30 shares after covering your short. Basically a reverse stock dividend.
Why don't you think you will have to pay on the tender? They all ready reported 31% of the float will be accepted at $85. I guess your clearing...
They pay annual dividend of .36. You will most definately get 1/2 until they close this, maybe more.
No worries. I just like to bounce ideas off other traders to see if i am missing anything. Since I am not actively trading right now, I like to...
Gee, I did not know there was going to be a quiz today. Based on the recent jump in implieds, prices will remain firm. Support is the recent low...
:p I guess you told them where they can stick their Dutch Auction.
i am having difficulty posting the chart. when i figure it out, i will get it. my play is related to the skew in the options. looking at a pure...
buying july 100/90 put spread around 2.60 looks like a good risk reward. Skew pretty high in the 90. Could do it as a ratio but I think the...
yes out of the money calls are not considered a hedge.
Check SEC for TO doc under KMG.
technically, it is not legal to tender shares that are hedged. If today is the deadline, then clearing firms are giving 3 day protects, hence no...
Its a great short if 30% of your stock is not tendered 85 -92, that is $3-5 in the reversal.
or take daily range and multiply by 16 to get annual vol. approx.
Gamma is the rate of change of delta. On the day of expiration, delta will be either 0 or 100. The further out in time, delta just doesn't...
Looks like no support until 91.
Does anyone out there hear anything or is it just the Smith Barney downgrade of brokerage stocks?
Repeat after me : I will put dividends and short rebate in my option pricing model.
You think Calyon had some hedge funds interested in selling some Delta paper? I would hang my hat on it.
The fact the GM was cut to junk last week is irrelevant. The bonds were already trading below investment grade, S&P just made it official for the...
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