I don't think haji cares much about risk. This thing could move 20% in a day on any legal news. Go look at the May premiums to get an idea of how much people think RMBS could move.
"Wrong. S&P Won't allow" How so Coolweb?...not being sarcastic...just would like to hear your thoughts. I'm buying the puts on Thursday $20-$40 out of the money...sell em on Friday...this has a $50 rinse all over it...I hope.
I'm short on GOOG from 409.85 http://www.elitetrader.com/vb/showthread.php?s=&goto=lastpost&threadid=61468 It just won't drop to 360 , way too far under. S&P Supported the stock from the 370 area. Around 375 settling, I'd be happy. Not to mention, I 'm pretty sure when GOOG comes out with earnings the stock will jump, Its not exactly a dead company Just short term retracement.
Nice coolweb...good price. I get it now about the S&P inclusion...good point. I'm hoping it drops a bit more...not sure what puts i'll buy on the 21st...should have been buying some when it was trading around 415...ahhh hindsight... Agree not a dead company...but 99% of revenue coming from click fraud..ahem i mean advertising...thats gonna catch up to them sooner or later. Fingers crossed for both of us
I don't think shorting GOOG @ 415 is a good idea, You need to wait to see a bit of blood , then go after it GOOG @ 415 was clean cut ready to kill more shorts @ around 410 open/ yesterday , it started to get beaten down You will notice that easily by putting hte $COMPX chart on top of the GOOGLE chart yesterday $COMPX was shifting up google was shifting down When that happens, you know some big player is selling the stocks either stablizing it or drifiting it down. Today was also a good example as well. Thats blood, Start hunting immediately. Always watch for opposite actions.