4th Update Nov23rd 2011 at 3:25pm: I just closed the balance of this position by selling the Jef Dec 10 Put at 1.00. So lets recap: I originally paid .85 for them and made .15, but the …
Continue readingBlack Swan Edition
4th Update Nov23rd 2011 at 3:25pm: I just closed the balance of this position by selling the Jef Dec 10 Put at 1.00. So lets recap: I originally paid .85 for them and made .15, but the …
Continue reading2nd Update Nov 17th, 2011: JEF is trading down almost 6% today below the previous lows made on Nov3rd and looking dangerously close to entering a death spiral to mid single digits. Earlier this month …
Continue readingUpdate Nov 9th, 2011: With JEF about 6% lower ($11.50) in 3 trading days since putting this trade on, the Dec 5 puts that I sold last week at .20 each can now be bought …
Continue readingThere has been a ton of rumor an innuendo out there about Jeffries and their exposure to Greece and other Sovereigns in Europe since the demise of MF Global earlier this week. The stock is …
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