Posts tagged as:

LEH

OPNewsletter Returns +6.2% in Sept’08

by OptionPundit on September 14, 2008

In what could be summarized as tumultuous month for the US markets, full of volatility and extreme intradays moves and strong reversals, OPNewsletter Sept portfolios returned +6.2% including commissions. This beats my revised target of 5% including comissions (vs earlier 5-7% x-comissions). This surely wasn’t an easy month for an income trader but a portfolio approach and diversification helped me achieve [...]

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Lehman Slumps, Market Follows

by OptionPundit on September 9, 2008

According to marketwatch, LEH seems unable to raise capital and that’s what is taking it down. At OPNewsletter I was selling this rally. Here is what I wrote to OPN members yesterday-
Markets are going to the sky, moon or whichever planet you can think of. I shall share with you my version…before that…I may be [...]

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Ospraie to shut flagship commodity hedge fund

by OptionPundit on September 4, 2008

Ospraie, It took 8 years to reach where it was, one of the largest commodities fund. It took nearly (or less than) 8weeks for it to close! According to a news published on Reuters, Ospraie Management LP is shutting its flagship commodity hedge fund after losing 27% in August and almost 40% this year, according [...]

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Fantastic Four Does it Again

by OptionPundit on May 28, 2008

Mosaic (MOS), CF Industries (CF), Monsanto (MON) and Potash (POT) are my fantastic four of the agriculture and farming sectors. I mentioned those here and then again asked a question about a month ago, when the four were travelling earth from the sky. Whoever has the medicine to manage trading constipation did pretty damn good. [...]

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