NYX Position

I scaled into a NYX long term call position today as my previous Does Anyone Else Other Than Me Like NYX post explained I would by buying the JUN 105 Calls fro $12.40.

I like the consolidation action of the technicals right now and I like the prospect of a run into their next earnings report slated for 2/2/07.

We'll see if we get some similar movement in NYX like ICE has enjoyed lately. Those JUN 105 calls are over $3.00 under FTV which I hope in the near future will become over valued theoretically.

IV's currently at 42% (moderately low level IV).

I plan on adding to this position if we get further weakness looking ahead.