with Cyprus banks closed on Cyprus, i'm reading someone apparently forgot to tell their London branches to close last week.... wonder if there is a money trail on all those outgoing wires???

this week i have been selectively selling longer dated (2 - 6 month) OTM puts on various names in this space

since this is a 'family website' please note the formerly  'fat lady' would prefer to be called 'horizontally challenged' woman of leisure.  and mayber her 'howling' will be a day early?

long from $1.84

lots of put activity yesterday. company has problems, less than $1 buck p/s in cash - or 9 mos of cash to fund operations and no product. best they take the O out of their symbol.

short puts that is, on many individual stocks, quite a few are BPT ideas!!! 

thanks for the insight, if you ever come across a matrix of miners and a breakdown of  their costs i would love to see that posted.

within the context of established guidelines, whatever that means.

cash is fine, however, might i suggest Yuan?

for CU's unlikely any difference, they have their own version of FDIC. Fyi- as long as the US $ remains the world's reserve currency we have little to fear. Once that is no longer true (or the market's fear that is no longer true).... you know what will hit the fan...  and these market's will come apart at the seams, real quick.

thanks Matt, you had me rethink my taking 4 positions on various gold/silver stocks (via short puts) until we have more definitive idea we have a bottom in place (and I am not catching a falling knife). I shall be more patient.

darn, after all these years and attempts, i thought it was 11, my bad...

the question is what at price today? my kids want some in their accounts.  we are not talking a lot of shares here, although the dollar value is considerable, especially to teenagers. I'm thinking closer to 400, but i could be dreaming. feedback would be appreciated.  (I have some FIB lines down there) HAZ

like the trade, went short march 5 puts last week.

liked the chart too, took the trade early by selling march 32.5 puts.  

couldn't resist, plus needed to put my $ where my mouth is, partially chicken though, short 1 feb 1 460 p @ 5.80

I like those 440 put odds, however, let's see how it opens (down preferred of course), i'm looking at the 450's or 460's to short. nothing fancy here.

yes, i do believe he meant 1/22/2013, to get 11 simply add the numerics. and yes, volatility has picked up on the most recent '11' days, could be coincidence, but whose to argue..with vix @ ~13 and change any excuse for volatility works for me.

if it's the end of February early March, it can't be a 'cliff', gotta be a budget ceiling, now that would be ironic.  in any event, great chart.