out for a profit of 1 tick. im going to the dollar store now for a shopping spree..i can finally afford that plunger i've been saving for
Just someone with a very limited understanding of options pointing out that someone else may have an even more limited understanding. What else is new?
Airlines are notoriously horrendous at hedging. Generally, everything carries risk in some form in my opinion.
I assume you are going for a kill here, therefore what do you see that suggests to you any sort of similarity to 2008? Liquidity is not an issue any more as the FED won't stop QE process as there are large budget deficits. Deflation expectation is irrelevant as CPI keeps advancing rather than declining, the dip in CPI turned out to be just a blip. I don't know, I would bank more on a corrective mode down 'sell the news' rather than a resurrection of the bear market, which I believe is now a thing of the past as there ain't enough reasons for markets to tank IMO. <img src=http://i54.tinypic.com/2vuaedu.jpg>