Rubberbird, We need to give credit where credit is due. Hank(surfer) recently called two remarkably excellet calls, the DIA and oil shorts.
<b>Quote from rubberbird: Hank, I never had less respect for you then now. If you are holding shorts, you're being hung out to dry this morning. What happened to you? Have you been always hoping to play the wrestling villian?</B> what are you talking about bird? thanks, kowboy
thanks, MAESTRO. if i am ever north of the border, i'll give you a call--- would like to see your set up.
No early panic in the indices. I am long the June Dow from Friday d/t assignment of 105 April Puts I wrote. I am also long 104 June Puts in a 1:1 ratio. Today I purchased 425 GcQ5 Calls - IV is near the bottom of the 6 month IV range. The monthly prices have been in a steady uptrend. This morning's prices were on that trendline. There may be some flight to quality buying if the indices do collapse. One man's opinion and worth every cent you paid for it... fwiw. Peace and gtty, Lar