new lows on LEH, this is getting out of control, imagine if LEH drops into the single digits like BSC......
Missed opportunity due to weak knees got long 3500 leh @ 23.60 then it dropped to 20 so I got out at 24.60, now it's over 32.
you guys have balls of steel if your stepping to the plate and buying LEH....200M volume - thats some major liquidation pressure anyone been watching the options on all these banks - imp. vol and spreads are through the roof.
When I trade financials the most they make up in my portfolio is 5%, no more... ETFs like UYG/XLF 5-10%.