Tuesday, July 15, 2008

Dead Tuesday

VIX is up to 31. I got some WM puts @ 0.90. No way it can just rocket up after being killed over 30% yesterday. I still think it has room to go down. Once VIX is 35 then its probably questionable.

For safety, I think ATVID might be a really good growth stock this year. They make awesome games Starcraft 2, WOW, Call of Duty, Guitar Hero. According to news they are going to split the stock sometime soon and they just raised their forecast. Good long term call play or stock play.

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