I ended up playing some puts on a variety of financials. I've got puts on C (JUL $15, 60 @ 0.35), HBC (JUL $75, 14 @ 1.40) and LEH (JUL 22.50, 7 @ 1.50). C has steadily been steadily dropping in the last few months, but has been floating around the $17 mark the last few days. HBC has been rather strong even with all of the other financials getting absolutely killed. There was a flurry of AUG and SEPT put buying a few days ago, so let's hope something bad happens or investors get scared and I get paid. The reason I got in on LEH is that they have been going up 3 days straight. I got in on the put late Thursday, July 3, because it looked like LEH had hit some resistance. I'm up 25% on LEH in just a matter of minutes, but let's see what Monday brings.
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