Sitting pretty

Re: the trade I posted previously (Uptrending Equity: TSLA option arb),  the interest rates on the borrowed shorts are falling off a cliff every day now, so the negative carry is dropping sharply while the implied volatility disparities between calls and puts is also dropping sharply.  Making me a bunch of money every day now.  


The VXX short/ BGU short pair has also been bringing in money for me nearly every day.  Still holding since Oct futures contango is also high.


Given Japan's decision to intervene in currency markets, other central banks with depressed economies may decide to compete to debase their own currencies, which will continue to be good for gold, which just hit new highs recently.  Gold to the moon!

VMW/EMC

Similar to the time soon after VMW's 2007 IPO when EMC's 87% stake in VMW was worth more than all of EMC's own market cap, VMW has again been climbing in value relative to EMC for the past half year.

http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Logarithmic&chdeh=1&chfdeh=0&chdet=1279828800000&chddm=287776&chls=IntervalBasedLine&cmpto=NYSE:EMC&cmptdms=0&q=NYSE:VMW&ntsp=0

My trading instincts tell me that the arb isn't wide-open enough to consider putting on a trade yet, as I prefer more ridiculous blown-out trades to begin reverting before entering, but something to keep an eye on.

I welcome comments regarding EMC's worth outside of its 80% stake in VMW.