Roll Options Forward (in time), Gordon Gecko

This push up today is great opportunity to roll puts forward to September or even October if you really hate Theta Burn (loss of money due to time decay).

I haven't check the cost of volatility, and VIX has become it's own beast, of course the market makers set the price of options, and therefore they control the volatility to a great extent.   But VIX itself has become highly gamed, so it is not as useful as before.

 Greed is Good, check this guy out, Gordon Gecko.

http://money.cnn.com/2011/07/11/news/economy/immelt_chamber_jobs_summit/index.htm?iid=HP_Highlight