A ton of 7,5,and 2 puts trading in there. Action in the stk has been horrible, but a ST low should be here. I sold some Jun 5 puts, the naked kind:
GE
Giant Electric puts, wow
Started by
tommyt
, Mar 03 2009 01:01 PM
2 replies to this topic
#1
Posted 03 March 2009 - 01:01 PM
#2
Posted 03 March 2009 - 01:14 PM
Poor GE - getting putted to death. Darn.
Welch - look at your "creation". The mirage you kept going for years has now imploded. Shows you how fake it really was. House of GE capital financial cards. Poof !
JFW. Now we know what the middle initial stands for.
OTIS.
#3
Posted 03 March 2009 - 01:31 PM
Yes, those 2.5 puts definitely spell trouble.
Looks like its going to join C and BAC.
500 bil in debt is no joke.










