REI_Chris
Registered: Mar 2012
Posts: 30 |
08-17-12 03:26 PM
Never mind, it was late and for some reason I was reading what I wanted to. I thought you were implying a straddle for some odd reason. Either way, if the Greeks workout to your advantage (expecting the spy to be 40-50 points off from here in either direction by dec), I'd still try to capitalize on a strategy that profits from a fast moving market in either direction. We won't be here long, and vol is relatively cheap. I just don't like picking sides with options. We can either double top, or breakout and capitulate. Regardless, we won't grind here long.
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