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Message: BP

Just stepped into the oily mess. Sold July 29 puts @ 1.74. So I'm betting BP doesn't go below 29 before July 16, and getting paid 1.74 for making that bet.

Wasn't really planning on doing this, but just can't imagine things getting any worse. Meetings with the president and grilling before congress - that's got to be a bottom, at least short term.


Jun 17, 2010 03:31PM

Jun 17, 2010 03:41PM

AL2
Jun 17, 2010 04:01PM

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