iBankCoin
Joined Jan 1, 1970
204 Blog Posts

Old Time Hockey, Coach

icegirls.jpgBlack Hawks win…. well, just this contest.

So here’s Lenny’s disclosure on his original super savvy BA recommendation.

At the time of publication, Dykstra was long BA.

Fine, nice to see he eats his own cooking. Here was his recommendation.

Therefore, I will place a limit order to buy 10 November $60.00 deep-in-the-money calls (BAKL) for $16.10, or better. This will give me the ability to control 1,000 shares of Boeing common stock if my order is filled.

The calls had Zero open interest pre-Lenny. Which means he went long some way other than the one he recommended.

After his call, the open interest went up to 78, I’ll venture to say, all were following Lenny. So word of advice to those sheep. Lenny doesn’t even trust his own advice, lmao, he most likely just buys stock, apparently in GRMN also.

Just for the record, volatility remains pathetic for a rather ugly Friday, despite how impressed Bill Griffeth is with today’s 5% “moonshot” in the VIX. It is 23, that’s unimpressive. Rick Santelli is apparently the only GE employee who seems to notice that the VIX is actually way closer to the low end of our current “normal”.

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4 comments

  1. JakeGint

    If hockey looked like that, I might take more interest.

    Seriously, don’t you think the fact that the $VIX is so complacent might indicate that we’re nowhere near a bottom here?

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  2. Adam

    does indeed make you want to watch. I do actually like hockey, even the Rangers and they don’t even have Ice Babes.

    Could be on the VIX. This has happened on every downdraft, it just sits and does nothing until it finally pops near the end.

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  3. Juice

    I doubt he even buys stock. He’s probably just a paper trader.

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  4. Adam

    thing is he’s like a multi-jillionaire from his car wash biz, so this is all paper trading to him anyway.

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