• Tom Guttenberger
    MM in ACIIQ calls took a holiday weekend it looks like. $6, for .04 - yes please.
    6/15/12
    Reply (13)
    • Bret Kenwell: got rejected by that $6 ceiling pretty quick. Think it'll finish at $6.05 or higher?
      6/15/12
    • Tom Guttenberger: I think it holds the day trend. Coal to play catch up to NGs move yesterday, and money flow get ahead of a big options manipulation Monday.
      6/15/12
    • Bret Kenwell: Yes, but these June options exp. today...in like 3 hours.
      6/15/12
    • Tom Guttenberger: Ya, clearly a risk/reward bet. 6 is a definite technical level, I feel if it can take it out could easily be a 4 or 5-1.
      6/15/12
    • Tom Guttenberger: July expiration still a good play too in my opinion.
      6/15/12
    • Bret Kenwell: yeah, just wondering how you felt about it. .04 isn't much to sweat if it goes the wrong way ya know.
      6/15/12
    • Tom Guttenberger: Yup, pure bet. I feel more comfortable with Julys. Feel catalysts are here, so I'm trying to bottom call (again) here...see how it goes.
      6/15/12
    • Tom Guttenberger: .02 - Steal.
      6/15/12
    • Bret Kenwell: when you say again..did it work out the first time or not so much? ha
      6/15/12
    • Tom Guttenberger: Lol, surely hasn't here. Bottom calling is tough. I place bets when the risk/reward profile looks right. Coal abused me in Spring 2012.
      6/15/12
    • Bret Kenwell: Ugh yeah Coal has killed a lot of people over certain times.
      6/15/12
    • Tom Guttenberger: Bret - If you get a chance check out the historic and implied volatilty plots on ACIIQ. Amazing stuff!
      8/23/12
    • Bret Kenwell: Will do--thanks.
      8/23/12