Archive for June, 2010

Major Technical Support Was Broken - Buy Puts and Wait For the Next Round of Selling!

Yesterday, the market got off to a bad start and the selling momentum accelerated throughout the day. By the close, the S&P 500 futures had dropped 40 points. We closed below critical support at SPY 105. News that China’s LEI showed an economic decline spooked the market. Overseas markets were trading lower and we were poised for a selloff. At nine o’clock (central time), consumer confidence was released and it dropped to 52.9 from 62.7. That was all the negative news the market needed for a nasty round of selling. The volume was heavy and the breadth was staggering. This morning, …

June 30, 2010 • Posted in: Options • Comments Closed

10-362 Myriad Pharmaceuticals, Inc. (”MYRX”) Name Change to: Myrexis, Inc.

10-362 Myriad Pharmaceuticals, Inc. (”MYRX”) Name Change to: Myrexis, Inc.

June 30, 2010 • Posted in: Options • Comments Closed

CBOE EXPANDS WEEKLY OPTIONS BY ONE DAY

CBOE EXPANDS WEEKLY OPTIONS BY ONE DAY

June 30, 2010 • Posted in: Options • Comments Closed

10-361 iPath S&P 500 VIX Short Term Futures ETN (VXX) New LEAPS

10-361 iPath S&P 500 VIX Short Term Futures ETN (VXX) New LEAPS

June 30, 2010 • Posted in: Options • Comments Closed

10-361 iPath S&P 500 VIX Short Term Futures ETN (VXX) New LEAPS

10-361 iPath S&P 500 VIX Short Term Futures ETN (VXX) New LEAPS

June 30, 2010 • Posted in: Options • Comments Closed