Atticus please destroy this strategy and suggest alternatives.

HA!

 

You want to benefit from the market falling...as ari gold would say "buy puts. boom. done."

 

I weep for your children.

 

Euda's not the only guy who wants puts for free...

“People are starting to realize that black swan events are more frequent than they thought,” said Laurence Black, a director at Barclays Capital’s quantitative indexes and strategies unit. “At the same time, investors are looking for the ideal scenario where they don’t pay anything but still get protection on a black swan event.” -- from a BBG story today

 

http://www.youtube.com/watch?v=V0fopNiIU0A


some of these posts are interesting, skew/contango blah blah blah.

 

I've been working forever in the "perpetual put ratchet"... it is still elusive...:eek:

 

I was waiting for an apology to the idiot remark by today. Apparently you covered 0.5 from the high, but apparently that's not enough.

 

Been watching this fly. The plan is still to exit on a 1310 touch or let it go to expiry?. On the push to 1340 it really didn't move that much or gave much heat.

 

I am looking for a touch of 1318 on Monday, but if we close higher I'll get out regardless of the price on the fly. It's only a 4 lot.

 

I am also long a 7 lot in the APR/MAY 1310 calendar, 7x.