Thursday, June 16, 2011

bloomberg say daniel och betting huge on market moves

bloomberg tv reported that daniel och (danny och) of och-ziff capital management group, a behemoth hedge fund had invested some $12 billion in options on the oex.  that is the s&p 100, which consists of the 100 largest of the s&p 500 stocks.  stocks like exxon and ge.
och is not betting on direction, just strategic positions for volatility.

after some 2 months of steady down and a put/call of over 1.00, i think och may thing we either have a plunge down or a dramatic rebound.  whatever it is he's thinking, the recent increase in p/c ratio maybe dur to him and other hedgies thinking in kind

this is spy now
127.68
daily at 1-0 sell
5-0 buy weekly
1-0 buy monthly

qqq at 54.43
9-2 buy
5-0 buy weekly
1-0 buy monthly

aapl at 328.07
1-0 sell
5-0 buy weekly
1-0 buy monthly

xom at 79.21
5-0 buy
7-0 buy weekly
1-0 buy monthly

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