Thursday, March 25, 2010

25/03/2010 - Thoughts

LVS April Put has left abt 24days to expiry, market valued at 0.09 so waiting for 24days to make 0.09 dosent make sense to me, also Time value for May Put is quite high, taking into account the strength of LVS above $19.82 , the optimism of the market towards the opening of Singapore's Marina Casino, i decided to Roll over to May's Put position.

Expecting a retracement soon as Dow is pushing close to 11k points.

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