Seeking Alpha
  • Ocean Man
    $KORS just fell off a cliff.
    6/13/13
    Reply (13)
    • neobliviscar: Good spot. All over it like white on rice.
      6/13/13
    • fla6987: any thoughts Ocean?
      6/13/13
    • Ocean Man: You could buy it if you want to gamble it's a HFT flash-crash. Could be legit though, haven't seen any news yet.
      6/13/13
    • neobliviscar: Rumormill. Weak May numbers. Rumor being sold. I'm using the vol spike w/ my own recent value calc to sell a bucket of the Jun/Jul puts.
      6/13/13
    • neobliviscar: Put selling = long. Gigiddy Gigiddy. This one buying Cote du Bouef and wine for 2.
      6/13/13
    • neobliviscar: Just FYI here as we're doing this realtime. I'm going to exit 1/2 of the trade when $KORS crosses the $59.75 mark, before it gets to $60.
      6/13/13
    • wheelz23: nice trade neo
      6/13/13
    • wheelz23: also...with these hft drops, almost all of them are 2 notches down before the recovery
      6/13/13
    • neobliviscar: Bit o luck & bit of old school daytrading. I was doing some val work on $KORS this past weekend. Holding the other 25 contracts for $60.
      6/13/13
    • neobliviscar: Feeling is someone is stuck short this, and I'm not going to cover other half until past $60.25 when they panic a bit. -Ne'O .
      6/13/13
    • Ocean Man: Way to go Ne'o!
      6/13/13
    • muldoon1959: Yep, good trade there.
      6/13/13
    • neobliviscar: Boy, read that 2nd half wrong at $60. Taking out here $59.5
      6/13/13