当高盛发言时你应该注意了

freestock

Goldman Sachs' two big guys came out on this past Monday and Tuesday and  said that market will go down from here.

http://www.pbs.org/nbr/site/onai ... ock_outlook_090615/
http://www.bloomberg.com/apps/ne ... mp;sid=aqVZiE9la8so

Plus, this OE day is SPY dividend day. Normally, if no big news on Friday, SPY will gap down $0.5-0.6 (depending on dividend amount. Q1 is $0.56).
Option's max-pain is still set up at 90 for SPY.

Is the short a better way for OE playing??

Diver

Goldman Sachs' two big guys came out on this past Monday and Tuesday and  said that market will go down from here.

http://www.pbs.org/nbr/site/onai ... _stock_outlook_0906 ...
freestock 发表于 2009-6-17 21:14

soulvirus

thanks

cartier

thanks,

老船

gidar

thanks

andy_68

这2哥们的TRACK RECORD 怎样啊

happyface

thanks

CoolMax

Goldman Sachs' two big guys came out on this past Monday and Tuesday and  said that market will go down from here.

http://www.pbs.org/nbr/site/onair/transcripts/abby_joseph_cohen_stock_outlook_0906 ...
freestock 发表于 2009-6-17 09:14 PM

Then you need pay for the dividend.

student

no wonder the premium for call and put for spy have 50c disparity. Thanks!

Billyboy

Ding

rightonmoney

yam

顶！

新低手

拭目以待

acura

thanks

人无完人

soulvirus

狗剩在油价140的时候说要去200－300。然后147就掉了下来。到40的时候说要去25徘徊几年，然后油油暴涨。靠，狗剩的话，不信不行，信了更加不行。

freestock

Then you need pay for the dividend.
CoolMax 发表于 2009-6-17 21:33

If you want dividend, buy SPY (~91.55  today) and buy a ITM put to hedge, such as June 96 put (delta=0.98) or July 100 put (delta=0.93). Make the trade as one multiple position order during 1:00--3:00pm when SPY goes side way and sell them in one order at the same price on Friday open. Due to dividend, SPY may be $0.1-0.2 less than SPX/10 at Friday open (normally SPY is $0.1-0.3 higher). If SPY drops at the open VIX will go up the put worth more and will cover the loss of stock. If SPY up stock will always up more than put loss. This is pure dividend play and will have no time decay on last OE day.

Don't want dividend? calendar put spread I think should be better when market starts going down.
BTW, the OE for index SPX is at the first 5 min of Friday open and that for SPY is after close. Remember, MM will make money on both OEs due to huge volume in the positions.
How do you think?

freestock

这2哥们的TRACK RECORD 怎样啊
andy_68 发表于 2009-6-17 21:32

Very famous.

sobeoak

thanks