Tuesday, October 5, 2010

Call Buying

I keep track of equity call buying on the CBOE and today was extreme. We ended the day with a .58 equity only put call ratio.

Currently i am going out on margin to buy BGZ. I went into margin because i was short a significant amount of SLV. So currently i am 120% short and feeling very ancy. Lets see what happens would love to free up some cash.

Purchasing BGZ at $11.78 in after hours

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