Bear Stearns - how low is low..

Damn, more problems - could it go below 100 ?

edit: When will it dip below 100..

How would you play this out - short or puts on BSC?

http://www.reuters.com/article/marketsNews/idUKN3125681520070801?rpc=44

 

The more I'm reading and with the futures dropping like a rock. I think BSC might hit or open at 100 tomorrow. Damn, why was I busy trying to chase stocks when BSC puts are good as gold.

damn, look at the 80 interest. shit, for 2.00 it might be worth the risk.

PUT OPTIONS Expire at close Fri, Jan 18, 2008

Strike Symbol Last Chg Bid Ask Vol Open Int
80.00 BVDMP.X 2.00 0.30 2.05 2.25 76 30,053
90.00 BVDMR.X 3.20 0.35 3.40 3.70 131 6,955
95.00 BVDMS.X 3.80 0.20 4.20 4.50 126 2,665
100.00 BVDMT.X 5.30 0.90 5.30 5.70 180 8,186

 

nice call dipshit. Now why didn't you load the boat with the Jan 80s...


PUT OPTIONS Expire at close Fri, Jan 18, 2008

Strike Symbol Last Chg Bid Ask Vol Open Int
80.00 BVDMP.X 6.00 1.80 5.90 6.20 3,672 29,421
90.00 BVDMR.X 8.70 2.45 8.00 8.70 1,204 7,003
95.00 BVDMS.X 9.50 2.00 9.50 11.70 2,133 2,781
100.00 BVDMT.X 11.80 2.70 11.10 12.40 1,164 8,843
105.00 BVDMA.X 13.23 2.83 13.00 15.60 920 1,960
110.00 BVDMB.X 15.70 3.70 15.00 16.50 460 2,659
115.00 BSCMC.X 18.00 4.10 17.00 19.10 2,882 4,806
120.00 BSCMD.X 20.00 3.50 19.50 22.80 2,374 8,592
125.00 BSCME.X 22.70 3.97 22.10 25.00 148 3,437
130.00 BSCMF.X 26.30 4.90 26.30 28.90 256 4,415
135.00 BSCMG.X 28.10 3.10 28.40 32.00 1,154 3,280
140.00 BSCMH.X 32.40 4.50 32.20 34.50 127 4,321
145.00 BSCMI.X 34.90 4.80 35.90 39.00 36 2,347
150.00 BSCMJ.X 38.10 1.50 40.10 44.00 30 1,958
155.00 BSCMK.X 44.60 9.60 46.10 48.20 16 846
160.00 BSCML.X 49.00 3.50 49.20 52.60 16 1,957
165.00 BSCMM.X 49.00 1.80 54.50 57.10 10 366
170.00 BSCMN.X 43.80 0.00 59.40 62.10 10 12
175.00 BSCMO.X 48.30 0.00 64.40 67.10 11 6
180.00 BSCMP.X 48.80 0.00 69.40 72.10 10 4
190.00 BSCMZ.X 77.00 7.20 79.40 82.10 52 25
220.00 BSCMV.X 107.00 11.40 109.40 112.10 28 10
250.00 BSCMX.X 137.00 7.30 139.40 142.10 52 25
260.00 BSCMY.X 147.00 14.30 149.00 152.40 28 6



Highlighted options are in-the-money.

Expand to Straddle View...

 

I think the target is 80.00. There is more to BSC than they are letting through.

 

BSC Weekly Chart with Fib. Supp. Zones..

Regards,
Suri

 

http://files.wallstreetfolly.com/photos/BrokerCharts-20070803.jpg

Extra, extra......fat lady clears her throat!!!