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15 May

RSX

(RSX: 50.01 -2.09%) looks fantastic.

27 Mar

Looks like it’s time to short X

Don’t get me wrong, I love the company - US Steel is one of the few remaining US industrial giants that actually produces stuff (compare with the rest of our paper-pusher economy). Plus, they’re from Pittsburgh, home of the Stillers.
This looks like a good place to short it and ride it back down to 100. [...]

17 Mar

LEH Puts

Did anybody else notice the activity on (LEH: 19.11 +1.11%) April puts today?

Strike
Symbol
Last
Chg
Bid
Ask
Vol
Open Int

10.00
LYHPB.X
1.30
0.55
1.30
1.30
28,711
907

 
 
 
 
 
 
 
 

15.00
LYHPC.X
2.70
1.35
2.60
2.95
35,609
2,420

 
 
 
 
 
 
 
 

20.00
LYHPD.X
4.59
2.64
4.20
4.40
41,460
14,491

Looks like some large bets that LEH will go under by the end of April.

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