OX should give you the realtime IV for the specific index. Actually it's 14.29 from OX. The 13.9 is from another site and it's from yesterday...
Actually, With 13.9% volatility, the probability NDX finishes below 1650 (my short Strike) is 76%. Is it worth waiting? Cheers
Yes. NDVKM/NDVKN 1650/1665 I am going to leve it as is for now. I will wait next couple days Thanks
I don't have any profit for now. 1629 is multi year resistance. NDX moves pretty wild. It's way overbought but this market is not looking back at...
Coach, What hedging factor should I use to protect me against this bad trade? I have th 1650/1660 NDX Call Spreads. The reasoning was 1629...
Coach, Are 30 cents worth the risk? I would wait and see how the market is evolving. My 2 cents.
Phil, I had the same market overbought condition on SPX and OEX and I decided to buy NOV Puts on them. There are too many resistances on both...
I finally get filled for : SPX 1110/1095 $0.50 credit. 72 points cushion is not bad I will hold onto this for now and next week I will add...
Thanks Coach. Next time I will commit at least one contract.
I was trying to get filled today but I couldn't. I am not in a hurry. NDX and SPX still have to give some grounds. SPX should test it's October...
I wouldn't touch 1630 now even if it would make triple top. The minimum I would go for a spread is 1650. That's probably why I prefer dealing with...
NDX is pretty wild. It's a heart attack index. If you can't handle the risk and volatility, don't even try it. You can make fast money though...
I don't believe the market is ready to make any up move now. The short term RSI and Stochastic are way overbought on NDX and SPX and we need these...
I am new to this thread but I can tell you this is great. I am a stock investor I started trading option last July; I was doing it like a fool...
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