Definition: the practice of extorting money or other property, especially by a public official, by the use of threats

Sound a little bit like what's happening to us through this bail out plan?  The threat is financial armageddon.  The threat is that without it, your retirement goes bye-bye.  Such a shame.

Back to the market, I'm investigating some additional "free butterfly" items.  I've been looking for items that are in a relative range with high volatility.  My best candidate right now is gold.  GLD is in a bit of a range, and at the present, seems to be in the middle of a range.  I'm going to add this to my watch list as when extremes are hit on the range, I'll open a vertical spread.  Why a vertical?  Because I don't really want to own gold.  My long stomach is feeling a bit full at the moment.

Any other ideas for issues to try flys with, please add a comment.