As a Chicago area resident Im kinda stunned - but to be honest for me Olympics means Winter - skiing, hockey, bobsled the cool stuff....I feel bad for the people who worked so hard on trying to bring this to the city.
So back to the task at hand, the markets look pretty unchanged today with some love returning to the kings of beta, AAPL up $4.88, GOOG up $3. AIG has had a 5 dollar range - G-D bless the programmers.
I think the market has another flush by the close today...a nice little sell program to scare some people.
I did more of that Unite Airlines buywrite - bought stock at 7.1 sold the October 7 calls for .65 cents (ok i legged it a little bit) - that is a standstill return of 9.1% but it goes away in two weeks so as long as UAUA does not get clobbered I do great...
JB
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