Boiler Room: The Official Stock Market Discussion

GoogleMe

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The power of leverage in futures trading would have enabled you to make a killing on the short side the last few days.:wow:
 

Big Jo

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The market seemed to have been pricing in a slowdown in China way before today's crash. They shouldn't be trading anywhere near 10x either forward or trailing earnings.

I don't disagree. Just saying if the market reacts strongly again and we see another bloodbath, who knows where the bottom really is
 

J Money

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I remember around May/June when it was around $35, I swear I said to myself TWTR will keep on dropping...low and behold its at $24 now :sadbron:

Ive left so much money on the table this year....better than losing money I guess :flabbynsick:
 

GoogleMe

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I remember around May/June when it was around $35, I swear I said to myself TWTR will keep on dropping...low and behold its at $24 now :sadbron:

Ive left so much money on the table this year....better than losing money I guess :flabbynsick:

Losing money is a cost of doing business. You're going to have to accept loss. The key is to manage and control your losses. Also, you can't be scared to get back in if a more favorable price presents itself.
 

无名的

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Looks like someone bought 200,000 SPY $207 puts that expire at the end of the week. $22 per contract, which would be $440 million worth of puts.

Then looks like they shorted 100,000 of the same expiration $206 puts for 21.01 per contract. Then market went down some and they shorted another 100,000 $206 for $23.

So assuming they're paying no trading fees, they paid nothing for the trade and if it finished below $206 by the end of the week, they'll make $20 million.

Wow.
 

GoogleMe

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Looks like someone bought 200,000 SPY $207 puts that expire at the end of the week. $22 per contract, which would be $440 million worth of puts.

Then looks like they shorted 100,000 of the same expiration $206 puts for 21.01 per contract. Then market went down some and they shorted another 100,000 $206 for $23.

So assuming they're paying no trading fees, they paid nothing for the trade and if it finished below $206 by the end of the week, they'll make $20 million.

Wow.
:damn:
 

jdubnyce

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Looks like someone bought 200,000 SPY $207 puts that expire at the end of the week. $22 per contract, which would be $440 million worth of puts.

Then looks like they shorted 100,000 of the same expiration $206 puts for 21.01 per contract. Then market went down some and they shorted another 100,000 $206 for $23.

So assuming they're paying no trading fees, they paid nothing for the trade and if it finished below $206 by the end of the week, they'll make $20 million.

Wow.
Someone teach me how to do this!!! :damn:

I don't get the options game at all

This is options, right? :lupe:
 

heisenburrr

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that volatility though

20150824_VVIX_0.jpg


:francis:
 
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