Monday, April 23, 2007
Where Would The VIX Be If This Happened?
PAPER: Al-Qaeda 'planning big British attack'; on 'a par with Hiroshima and Nagasaki'... Being complacent is a choice that participants in the market can freely make. Not me. One loser in my bunch of April options - out of the money puts on the SPY. I just bought more this morning and hopefully they'll be losers again on expiration day in May.
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