Friday, September 11, 2009

Caught a large WFC trade yesterday.

Someone (rumored GS) sold 100K WFC Jan $20 puts, bought 50K WFC JAN $25 puts. Backratio that collects some nice +theta.
I decided to put one back-ratio for myself to see how it turns out.













Thursday, September 10, 2009

Sep 10th, 2009 Geithner testimony placarded.



Fin Pic of the day goes to the brave soul showing off 2 signs: "Where did out $ go?" and "We need jobs!" We need to find out the name of the person and recognize her! (I'm pretty sure it was a girl)