Offline for a month? o.O Vacation ?
Yeah Bank of America had a nice 40 cent jump in the last 2 hours. I'm a little concerned that they can hold onto it in the short run but long run the prospects for banks are starting to look more solid. The stress tests results Thursday will no doubt have many investors jumpy. But Warren Buffett and Ail must be happy with how it's going so far.
Also the better Apple does, the less faith investors seem to have in traditional handhelds, so I get the bad feeling that if Apple has another record breaking quarter this April, Sony and Nintendo will suffer. At least until E3. Good things are going to happen at E3 2012. I hope....
Also for our ladder game.. I think we may need to remove Apple in the future. They're way too volatile for other stocks to compete with. And their option chain is just ridiculous.
550.00 18.68 +11.98
555.00 14.30 +10.00
560.00 10.45 +7.94
565.00 7.10 +5.65
570.00 4.55 +3.71
And that's just for today
That's almost a 300% gain for some of those.
If you started the game yesterday and bought those 5 option chains, you'd have made 20,000 in one day.
I guess you can look at it as being a huge risk/reward scenario and obviously it's something you'd never do in real life. But it kinda turns ladder into a betting game.
