February 13th, 2012
Published Daily

Financial Bear 3X Shares (FAZ; last: 5.28)

by Rick Ackerman on May 18, 2009 3:09 pm GMT

Speaking of Goldman's "attitude" today, which someone in the chat room mentioned, it's time to nibble on FAZ, which mimics the Russell Financial 1000 in reverse, 3x. Option implied volatilities are beyond stratospheric, but we can try to get around this by calendar ...

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