tag:blogger.com,1999:blog-5311226784054647521.post4939396252323122715..comments2023-10-07T05:30:20.042-04:00Comments on Market Chat With Getting Technical: BP plc (British Pete) is getting cheapGettingtechnical.comhttp://www.blogger.com/profile/10433679012281173538noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5311226784054647521.post-26781627437152003742010-06-30T07:21:18.573-04:002010-06-30T07:21:18.573-04:00Hello All
We think Anonymous has made a gutsy cal...Hello All<br /><br />We think Anonymous has made a gutsy call here – but now we wonder if there could be other option strategies to play the BP fiasco. There are only 3-ways for BP to trade – up, down or sideways – we just are not sure when the event will occur so should we do stuff like covered calls or puts, straddles or a butterfly? We will put this to our option guy to-day and get back in a few hours.Gettingtechnical.comhttps://www.blogger.com/profile/10433679012281173538noreply@blogger.comtag:blogger.com,1999:blog-5311226784054647521.post-20220560690892640202010-06-28T16:39:53.116-04:002010-06-28T16:39:53.116-04:00I've put my money where my mouth is, bought so...I've put my money where my mouth is, bought some out of the money LEAP calls (Jan 2012). Call it a contrarian play or whatever you like. I believe BP is not going bankrupt. If BP goes bankrupt -- the UK will be headed for a depression due to the amt of pension funds invested in the company. IF BP cannot pay for the cleanup which according to their financial statements they should have no problem see:<br /><br />http://www.milliondollarjourney.com/can-british-petroleum-bp-go-bankrupt-oil-spill.htm?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MillionDollarJourney+%28Million+Dollar+Journey%29 <br /><br />the UK will assist to keep this oil juggernaut alive.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5311226784054647521.post-20113923242036102822010-06-28T09:34:20.104-04:002010-06-28T09:34:20.104-04:00obama and the rest of the world will approve stimu...obama and the rest of the world will approve stimulus part deux in the fall 2010Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5311226784054647521.post-4675658116940818362010-06-28T09:22:48.889-04:002010-06-28T09:22:48.889-04:001. oil spill is local, but energy might bounce up ...1. oil spill is local, but energy might bounce up until drilling is clarified. Maybe that is why Western land sales were so strong, and drilling stocks are some stronger.<br />2. BRIC are still growing and using commodities. Does that put a floor on metals and softs?<br />3. The money will still lead, but Dr. Rosenberg may be more in vogue for a while, so be alert to deflation-is there any outside N.America?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5311226784054647521.post-14410962608912401262010-06-28T00:03:56.025-04:002010-06-28T00:03:56.025-04:00Obama will endorse alternative energy sources -- o...Obama will endorse alternative energy sources -- one big one being natural gas -- and legislating restrictions on deep water drillingAnonymousnoreply@blogger.com