To: steve86
Legitimate hedges are disappearing from the market because of this. The options market makers are SOL in the financial stocks right now. When you can't hedge, look out - everyone's going to get smacked in the face by the volatility. The financials up or down 20% in a week will become the norm, not the exception.
11 posted on
07/27/2008 10:40:52 PM PDT by
July 4th
To: July 4th
Legitimate hedges are disappearing from the market because of this. I agree and many (non-naked) shorts have been scared out even with no legitimate reason. I have heard even puts have diminished. This is truly a recipe for disaster, if that phrase hasn't been used already in this thread.
13 posted on
07/27/2008 10:43:37 PM PDT by
steve86
(Acerbic by nature, not nurture™)
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