G23ROCKS

Options Trader: Friday Outlook

"We were able to pick up the Aug $45 puts for $1.64 at about 4:09 and this is a wonderful and little-used way of protecting yourself when earnings don’t go your way."

How is it that these puts cost you $1.64, the Naz is down -1.88%, yet the options are selling for $1.56?

Options Trader: Wednesday Outlook

I enjoyed the article. I agree on the unsustainability of $120+ oil. Why doesn't Bush just release some of the Strategic Oil Reserve to flush the speculators out of oil?... Without a serious correction in oil prices, the legacy carriers may face BK again.