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Stock Gambling Addicts Go Cold Turkey As IB Yanks AAPL Options

Submitted by Tyler Durden on 05/02/2012 14:17 -0400

If heroin addicts going cold turkey is any indication, there will be some very sweaty, jittery, starving basement traders in front of their computers today until the dealers return and the fix is back.

H/t John Lohman

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Wed, 05/02/2012 - 14:17 | 2391746 RacerX

Wow. No soup for you..

Wed, 05/02/2012 - 14:22 | 2391761 slaughterer

AAPL W options are probably the worst gambling addict casino on the planet. What is everybody going to do now to lose their money?

Wed, 05/02/2012 - 14:26 | 2391777 t_kAyk

Invest in green energy

Wed, 05/02/2012 - 15:17 | 2391932 Fedaykinx

bazinga.

Wed, 05/02/2012 - 15:40 | 2391993 Diet Coke and F...

Can you believe that is a Warner Bro trademark?

Wed, 05/02/2012 - 16:49 | 2392133 Rahm

Time to move back to oil...

Wed, 05/02/2012 - 15:49 | 2392016 YC2

fuck bbt!

six seasons and a movie!

Wed, 05/02/2012 - 14:38 | 2391827 Whatta

I've traded AAPL options twice now (call spreads both times) and owned them for a total of about 2 market-hours ...

...doubled my money both times. It is addictive.

LET IT RIDE BITCHEZ!!!!!

Wed, 05/02/2012 - 14:50 | 2391854 HarryM

AAPL is now a soiled virgin

Wed, 05/02/2012 - 14:52 | 2391857 akak

An AAPL a day keeps investment security away.

Wed, 05/02/2012 - 14:54 | 2391862 TheFourthStooge-ing

It's all for the AAPLulz.

Wed, 05/02/2012 - 14:39 | 2391830 Silver Bug

Stay away from AAPL!

http://davidmorganblog.blogspot.ca/

Wed, 05/02/2012 - 15:13 | 2391922 LongSoupLine

I went out and purchased a Samsung product in celebration!

Wed, 05/02/2012 - 14:20 | 2391753 Cone of Uncertainty

In other words, step to the back of the line muppets.

Wed, 05/02/2012 - 14:21 | 2391756 Chuck Bone

They are back now. IB just notified.

Wed, 05/02/2012 - 23:10 | 2392881 meimei

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Wed, 05/02/2012 - 14:21 | 2391757 firstdivision

Just in time for us to get green on the Naspple!

I love these no volume melt to green days. Makes me truly understand how manipulated the markets truly are.

Wed, 05/02/2012 - 14:21 | 2391758 barliman

Two Words

BITCH SLAP!

barliman

Wed, 05/02/2012 - 14:22 | 2391763 ssp2s

So what? QQQQ options still available.

Wed, 05/02/2012 - 15:15 | 2391927 5880

ForkQ is gone

Three Q doesn't sound as abrasive

Wed, 05/02/2012 - 14:22 | 2391764 cossack55

Fuck the AAPL and eat the core.

Wed, 05/02/2012 - 14:25 | 2391775 Dr. Richard Head

I've heard of APPL pipes, but fucking it? Seedy.

Wed, 05/02/2012 - 14:27 | 2391779 Jena

AAPLsauce.

Wed, 05/02/2012 - 14:38 | 2391826 cossack55

Maybe ya havta be a Marine.

Wed, 05/02/2012 - 15:12 | 2391917 fuu

A Marine will fuck anything.

Wed, 05/02/2012 - 15:24 | 2391950 SemperFord

No we won't but seriously some of those "Southern Boys" will, including some Texans.

Wed, 05/02/2012 - 14:23 | 2391768 Dr. Engali

Wow! Now that inspires some confidence in the system. I hope Apple doesn't suddenly get volatile.

Wed, 05/02/2012 - 14:26 | 2391773 theriddick

Dot Com Crash part deaux......

Wed, 05/02/2012 - 14:27 | 2391782 12ToothAssassin

Dot Bomb 2.0

Wed, 05/02/2012 - 14:31 | 2391792 ebworthen

We wouldn't want anyone shorting AAPL now, would we?

That would make a free market or something scary like that.

Wonder what news there is in the unrealeased news pipeline; overheating recall for new iPad?

Hmmm...

Wed, 05/02/2012 - 14:31 | 2391796 Rastamon

is the Israeli Foreign reserves fund on DEFCON 5?

Wed, 05/02/2012 - 14:35 | 2391811 Joe Ploppy

Just got this from Interactive Brokers

To all traders:

Wed May 2 14:19:43 2012 EST

AAPL options are once again available for trading.

Wed, 05/02/2012 - 14:53 | 2391861 CryingBear

wouldnt this make AAPL go down with no put options for protection?

Wed, 05/02/2012 - 14:53 | 2391863 ThisIsBob

May have found half a worm.

Wed, 05/02/2012 - 15:03 | 2391885 NotApplicable

Tell me, just how does one run out of options? Somebody afraid to make a market?

Wed, 05/02/2012 - 15:05 | 2391889 NeedleDickTheBu...

I prefer the odds trading options on Powerball jackpots.

Wed, 05/02/2012 - 15:05 | 2391890 insanelysane

Getting ready for Facebook options.

Wed, 05/02/2012 - 15:05 | 2391891 Piranhanoia

Poker?

Wed, 05/02/2012 - 15:30 | 2391928 GNWT

Any traders there?

All I hear is "traders" lamenting the fact that they are not privy to assymetric information.

But, is it really assymetric? They are telling you the same thing they are telling the oligarch piggy bank custodians.

QE1, QE2, duh, government fighting markets, (see: Soros breaking the Pound for info or any number of currency interventions), crack for the market, good high, coming down not so easy.

And while on the subject, why all the hand wringing over NASDAPPL?

I am an old fashioned Jesse L style tape reader and it sure is easy to trade NASDAQ minis, with all attendant liquidity and volatility, by looking at one tape/chart.

Stay liquid my friends,

Wed, 05/02/2012 - 15:27 | 2391959 GNWT

old market saw...

most people would rather be right than make money...

Stay liquid my friends...

Wed, 05/02/2012 - 15:33 | 2391979 bubbleburster