Opening Bell Wall Street Capitulation Options Trade Live Entry GOOG

http://www.StockMarketFunding.com Opening Bell Wall Street Capitulation Options Trade Live Entry GOOG. Live stock market education on how to trade the "stock market crash" 2011 as traders and investors start panic selling.

Update: S&P's downgrade of America's credit rating dominated the Sunday talk shows. Treasury Secretary Tim Geithner said S&P showed "terrible judgment" and "a stunning lack of knowledge," a view echoed by financial luminaries such as Warren Buffett and Legg Mason's Bill Miller.
S&P was "precipitous, wrong and dangerous," Miller told Bloomberg TV, while Buffett said America deserves a "quadruple-A" rating.
On the other hand, PIMCO's Bill Gross says S&P "demonstrated some spine" and it's hard to argue America's balance sheet hasn't deteriorated in the past 10 years.
At least in part, views on S&P's downgrade reflect how people are positioned. Geithner's bias is obvious while Buffett and Miller are both long America, literally and figuratively. Buffett also happens to be the largest shareholder of Moody's, S&P's biggest competitor.
Gross, meanwhile, was short U.S. Treasuries earlier this year and has, as he wrote in May, "long warned of the deteriorating creditworthiness of America's AAA rating."
Provided By Henry Blodget (written for Business Insider)
Earlier: One amusing aspect of the S&P downgrade fallout--at least for those familiar with the way all financial "ratings" work--is how normal this whole process has been.
Anytime an analyst considers downgrade a beloved, sacred-cow rating, the following things happen:

Category:

News & Politics

Tags:

• market
• markets
• option
• options
• trading
• options trading
• crash
• market crash
• stock market
• debt downgrade
• S&P
• united
• states
• credit
• rating
• stocks
• options trade
• live options trade
• options trader
• news
• financial
• economy
• obama
• dollar
• dow
• dow jones
• GOOG
• S&P 500
• nasdaq
• index
• bernanke
• federal reserve
• gold
• silver
• gold prices
• silver prices

[OptionsSchool]

gold is still pretty strong after pulling back $13 off the high

[StockMarketFunding]

@OptionsSchool wall street sold down the futures enough to have controllable selling on the open

[rollingcube]

I took a 100% return on my small spreadbetting account today (FTSE) :)

Well done anyway.

[StockMarketFunding]

@rollingcube nice work, you can't go broke taking a profit, bounces so far today have been weak

[nickk707]

what just happened

[StockMarketFunding]

@nickk707 we traded the Google $560 Call option on the opening bell and stole the contract at the low of the day, we entered at $13.60 on 2 contracts and sold them at $15.40 for a $360 profit in 3 minutes

[nickk707]

@StockMarketFunding thanks for taking the time

[ChartingPlatform]

Obama is late for his speech, wtf,did he have to eat lunch and make the world wait for him

[DailyStockCharts]

selling coming back in to the markets...Obama on at 1 PM to tell the sheeple it's "all good"

[StockMarketFunding]

@CarlsAirbrushTattoos options are priced based on where the underlying stock is priced. They are leveraged trading instruments that have high yields, both calls (long) and puts (short). The Google $560 August Weekly call was $10.30 on the low and $17 on the high. They had closed at $24.75 and we bought the lowest print of the day at the time $13.60 and sold it at $15.40

[DirectAccessTrading]

nice trade, that's pretty ballsy!