Seeking Alpha
  • Ocean Man
    Bought some Feb $152.50 $SPY puts for $0.63.
    2/13/13
    Reply (7)
    • weed: These those Valentines Day puts you were talking about?
      2/13/13
    • Ocean Man: Bought the first bunch a day early. I semi-expect a drop on Friday, but it could come a day early.
      2/13/13
    • Ocean Man: Friday is the only no-POMO day in Feb. I'm also looking to buy some $UVXY tomorrow morning.
      2/13/13
    • inandoutnevertoolate: Isn't it a little early. Looking at the Zero Hedge POMO schedule (know its a bear trap website) looks like tomorrow is a big fed buying day
      2/13/13
    • det9: My thoughts OM w.r.t to $UVXY. Will look to buy premarket after employment numbers.
      2/13/13
    • Ocean Man: Yes in, tomorrow is the biggest Fed buying day of Feb. But UVXY is a play on people buying puts. You don't need the market to go down,
      2/13/13
    • Ocean Man: you just need people to think it is going to.
      2/13/13