Traders Playground

.selling swing +FAYEU FAZ 7.50 calls at .30 I am taking a loss on these puts the leaked stress test results across the board ESPECIALLY IN C seam exilent, C like mentioned in previous email news letters was the only bank to run its own internal stress test and the methodology was similar to the one used by the government. Now people bashed C for a long time since they were from the beginning upfront telling the world its problems and quickly making changes. now though it seams that they need less help than others, less than BAC, it seams C is in great shape from here on in. the potential move up from these levels moving forward long term I see as unique long term. Perhaps when the official news are released there may be a buy the rummer today sell the news effect tomorrow, if that is the case will use any pull back opportunity especially multiday pull back opportunity to position bullishly on C above all others.