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AH China raised the reserve requirement on banks.

Thanks Earl! It was a very thoroughly planned out trade. I guess this is what one is supposed to do with options 🙂

Haven't even looked at the news, yet. What's up?

I put a line at 10.77. I have this position in an IRA account and I am okay holding it for a while. Nice call and I to hope you are wrong. I think the China news helps things go down today.

Remember, I called for a maximum TZA price of 10.77. It has hit 10.76 so far. I'd love to be wrong 🙂

Sweet, A true viagra moment!!!!LOL

I'm not going to get excited until we break yesterday's low.

Nice trade, dreadwin. Good timing, buy & sell.

Gangs… the wave 3's have started. There's not going to be many spots to go short. Small bounces, and then more down moves.

Out of TZA at roughly break even. Need to be away from the keyboard this morning, so going to be cash while away.