HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Playing strategy is funny sometimes....
Early exit polling shows a marked preference of SHORT for OW. Fine. You think it will do less than 15. Current pricing would break even at 5.56.
But the same voters are voting for the CALL which has a break even point of 17. (15 plus the cost of H$2) These are related occurrances.
If you think it will not make 15, then why buy a CALL. You may be right, I may be crazy. But it is a weird hedge of bet.
Of ciurse, the majority of voters have voted to buy the PUT which is consistant.
Just remember, you are allowed to short any or all of them if you think that the deriviatives are overpriced.
Playing strategy is funny sometimes.... Jul 06, 10:12
It follows the natural/usual pattern - no surprises on the poohster derivs {nm} Jul 06, 10:20
I'm going for the ripples. WTH? If you can't beat 'em, right? haha. {nm} Jul 06, 10:42
you have to be glued on here to do that....so I try and avoid playing that way. the volatility scares me. {nm} Jul 06, 10:48
Yea, true but I'm in the office today so I might as well experiment. Worst case I just eat the commission and move on. {nm} Jul 06, 10:50
I hear you... I'm sticking to sure things as I've been doing, it's working just fine... {nm} Jul 06, 10:53
sure things exist? {nm} Jul 06, 11:13
If we were using real money there would be mass suicides on the trading floor this week. {nm} Jul 06, 10:51
Haha. Daytraders(with real money) must have iron wills and tested patience not to panic. {nm} Jul 06, 10:56
i managed to close up over 5M yesterday. so it ended up being a good day. today will not end well for me though. {nm} Jul 06, 10:57
