Lol, hitting the Greek economy especially hard? All those migrants passing by Greece on their way to Germany must be a true hardship to Greeks. Ever repeating Greek drama. If they could just draw a line and exit Europe and kiss up to Russia and China then everyone would be helped. What else is a hardship to Greeks? Next week we will hear how they apply for subsidies because Greek men cannot get it up anymore or what?
http://stockcharts.com/h-sc/ui?s=grek Back in July we instituted a 13/16 bear call spread which is about to expire in the money. The GREK has declined so far that there is no money in rolling it over. The June '16 13/16 bear call spread yields exactly nothing. A June 8/11 would get me $65. But I think I'll just let the GREK trade go. Since we spent a lot of time on the Greece problem the problem has been multiplexed into the European immigrant crises: http://www.cnn.com/2015/12/07/europe/greece-macedonia-border-soup-kitchen-dreams/index.html http://www.reuters.com/article/us-europe-migrants-greece-idUSKBN0TS0MX20151209#FfPJMYGKsXUGAb3P.97 Which I have no stomach for betting on. "there but for the grace of god goes all of us"