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Massachusetts Prepares to Drink the Tea

232
Jetpilot11011/18/2010 6:51:59 pm PST

re: #215 Boogberg

How so? Wouldn’t that make the calls more valuable?

The option chain shouldn’t change much tomorrow. Wall street won’t know until later that night but I think they will respond well to perceived “gridlock” in DC if Brown wins. So yes, they will be more valuable but, I believe only so, once the street knows the outcome. It’s a gamble to sell them tomorrow because I may get called out and sell lower then a market rally would drive the underlying position.