where do they get the cash to be leveraged X25? thats like getting a $625,000 loan secured by a mid-size SUV. Who puts up that kind of money?
really though....who is buying? who woke up this morning and thought to themselves "hey I'm gonna go long some Lehman today"...so lehman sells...
the market's smoking crack.
Financials are up? How does that make sense? It doesnt seem like there have been enough write downs. Think of ALL the 2nds and HELOCS that lehman...
I was a mortgage broker for a while and trust me lehman bought ALOT of subprime and no-doc loans. Is there a way to find out what a company...
Is there one around? I hope so b/c i dont know what the hell you guys are talking about half the time.
Good point. I guess panic is something we can always count on, as well as greed...if we could only figure out how to trade those! haha No...
Once again I'm not saying BSC didn't have this coming. The rumor was about illiquidity not about things being worse than they appeared to be....
I'm not sure how you made the jump from BSC's shortcomings to mine, but anyways...I'm not in college. I'm 20 and I'm a real estate developer in...
It's obvious now the the initial demise of bear stearns was caused by conjecture and rumor. Isnt there a significant possibility that these rumors...
if you dont mind me asking when did you buy the april 125s?
THE SUSPENSE!
i straddled it. we'll see what happens.
To be honest i didn't know there was an actual term for buying both ends, it was just something i thought was my original idea until i read about...
Can it be profitable to buy a call option and then a put option on the same stock if you anticipate a big move in either direction? lets assume...
awesome. im going to check all those out. i dont want anyone to know anything i dont. thanks fellas
Thanks for all the great info. Im pretty sure i have a good idea how to determine the hypothetical price of an option now. whew. im still a little...
Best way to become an expert on it? I know there are numerous resources on the internet (including ET), but is there anything you guys recommend...
thanks for clearing up IV for me, although im still not exactly sure what a high or low IV looks like. however im wondering is a delta of .1 or .2...
wow that cleared a lot up for me. is there a way to find out the delta of an option? i appreciate everyone taking the time to explain.
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