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Padres Acquire Tyler Greene From Braves - RealGM Wiretap
The Atlanta Braves have traded Tyler Greene to the San Diego Padres for a player to be named later.


Greene Cheap Jerseys , 30, was playing in Triple-A for the Atlanta organization.


He has seen Major League action in each of the last five seasons.

Sizemore Can Make $6M With Red Sox - RealGM Wiretap

Grady Sizemore signed a Major League contract worth $750,000 with the Boston Red Sox, but he has the ability to make as much as $6 million.


Sizemore will make $250,000 if he makes the Opening Day roster, and then $250,000 each time he reaches 60, 90 Wholesale NFL Jerseys China , 120 and 150 days in Major Leagues.


The former Cleveland Indians outfielder will also make $250,000 for increments of 25 plate appearances, starting at 225 and stretching to 500.


The remainder of the potential $6 million can be earned through individual award incentives.

锘? At 6:45 a.m. the traffic already is building on the expressways that feed into downtown Chicago. From inside your car, the only real difference between winter and summer at this time of day is that in summer the sun is already up. In the dead of winter, traders only see the sunshine on vacation.

When we drive to work, it's dark; when we're through for the day, it's dark again. But just like the screaming and shoving down in the pits, you get used to it.

I've been trading upstairs and in the pits of Chicago for the last 15 years. Getting up early never bothered me as much as how cold it gets in January -- ungodly cold. But I suppose that's just one more thing that separates the players from the pretenders in this high-stakes game we play.

While I came to Chicago to play football for the Chicago Bears Wholesale Jerseys Free Shipping , all I really have to show for that is four pre-season games and a few great friendships. I took my agent's advice and traded a career as a backup football player for a job on the floor of the Chicago Board Options Exchange (CBOE) -- probably the best trade of my career.

While the trading floor immediately was intensely exciting, options trading didn't come easy. My college studies prepared me for a job in advertising or design, not sophisticated financial instruments like options and futures. However, hard work and mentors such as Tom Haugh, general securities principal at PTI Securities & Futures, helped me see the light at the end of the tunnel.

Although I've traded everything from equity and index options to futures and warrants, I've never stopped learning. If you ever think your education is complete, somebody else who's hungrier will figure out a better way and take your edge away.

Morning prep When I get into our offices at 7 a.m. Wholesale Jerseys China , our clerks already have been at work for about an hour. As we trade tens of thousands of options and 1-2 million shares of stock every trading day, it's extremely important to check our options and stock confirmations vs. what our computers say we've traded the pervious day. Mistakes in clearing of either stock or options could cost us thousands of dollars fast, so this trade-checking session is essential for us to start each day with the correct position.

Our main trading room -- the so-called war room -- is an octagon shaped room with 30 running feet of trading desk on the west wall and a 12-foot-by-12-foot conference table in the middle.

The room gets more boisterous and energized with each tick of the clock. Our head of research will hand me the critical overnight news stories that will affect our trading that day. By 7 a.m. he will have run several search programs on a host of computers that incorporate fuzzy and Boolean logic to hunt for key words in news stories that he feels will influence the markets.

The computers assemble and search through news feeds from more than 20 news services such as Dow Jones, Bloomberg and Reuters. These feeds cost us more than $5,000 per month; such is the value of information. However, it's only slightly less important to get that information to our traders as fast as possible. That's why the computers are networked throughout our offices and down to our traders on the floor.

My $1 rule If a story is compelling enough, my next step is to find the average trading range for the stock. If the range between the high and the low is less than $1, I usually take a pass. There simply isn't enough edge for me to jump in and trade when the average daily range of the stock is so small.

Just like most traders Wholesale NFL Jerseys , when I have to buy, I pay the offer; when I have to sell, I hit the bid. Therefore, if the stock trades an eighth wide between the bid and the offer, I give away a quarter point to trade in and out. With an average daily range of less than $1, an extraordinary percentage of my trades would have to be right to make any money. Hence, my $1 rule.

Liquidity My next step is to check the average daily volume the stock trades. I can't step in and buy 1,000 shares of some off-the-wall stock without knowing how much trades each day. In some of these stocks Wholesale Jerseys , 1,000 shares could represent nearly 20% of the average daily volume. So knowing there usually is enough volume to get in and out without impacting price helps me avoid the dogs.

Timeliness I view the news that is out before the opening in a different way than the news that comes out during the trading day because all option models are forced to make some assumptions as they seek to tell us the correct value of a call or put.

One obvious mistaken assumption is that there is continuous pricing of a given stock or future. Only foreign currencies come close to living up to that presumption. Stocks and most futures have specific trading hours and are closed for several hours of each 24-hour day and over weekends. Therefore, the likelihood of news causing a rapid ascent or descent of a stock or futures contract i.

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