A diary of the thought process behind my investment decisions
Gorillas In Our Midst
There were some extremely large option trades today. A gorilla bought 130,000 GE $22.50 2011 calls and 150,000 BAC 2011 out of the money calls. The timing of these purchases is suspect and is the reason I ultimately chose not to go short today. Its too easy to influence the tape in a holiday thinned market.