EGLE/Rperi – I imagine they'll split the options into pre and post contracts. At the moment, the 2016 $2.50 puts are still showing $2.10, it will take a while before they settle into new pricings (like SHLD and CZR did).
We're just not getting over the hump of yesterday's close – that's not good. Europe finished at FTSE -0.25%, DAX +0.13%, CAC -1.26%, Italy -2.24% and Spain -3% so better but not great by any stretch.
Still, we can't use them for an excuse for our weakness now so let's see what they really have. VIX still nervous at 26.79.
DXD April $28/33 bull call spread is 0.60 and I think we should grab 50 of them ($3,000) in the STP to cover our short 50 Jan $27 calls – just until we feel more comfortable that the Dow will hold 16,000.
October 16th, 2014 at 12:06 pm
EGLE/Rperi – I imagine they'll split the options into pre and post contracts. At the moment, the 2016 $2.50 puts are still showing $2.10, it will take a while before they settle into new pricings (like SHLD and CZR did).
We're just not getting over the hump of yesterday's close – that's not good. Europe finished at FTSE -0.25%, DAX +0.13%, CAC -1.26%, Italy -2.24% and Spain -3% so better but not great by any stretch.
Still, we can't use them for an excuse for our weakness now so let's see what they really have. VIX still nervous at 26.79.