I wonder if he sold the mar08's after the first drop to be more opportunistic? it just makes no sense to me to take on back month vega risk at...
Pretty aggressive.
you could employ back month backspreads and maintain a long vega stance.
coast to coast move about complete.
i don't recall you going long, though, am i mistaken?
v bottoms are rare as you stated. In my observation, they occur when the selling was highly pronounced, such as around '03. We have not seen a v...
spectre, for your short, what is your target thru next week?
very interesting thank you. I only trade options. However, i've come to define the market in 3 terms, steep down, steep up and "normal", and...
so are you both basically saying at a drop in the sp there was put buying signifying high levels of fear which can be translated to the market...
put price action, can you plz explain?
curious, why do you think there will not be a down move before the fed meeting, which is nearly a month away?
i wonder if wave held long thru last week looking for 1503.
that corresponds with a test of the dow's trendline.
I'm under the impression you are looking at the futures back adjusted chart. cash march low is @30 lower. If i'm mistaken my apologies.
bought aug 1390p to close at 1.7, opened at 4.7 Friday. putting on my hard hat.
I need to get rid of my copy of Supercharts by Omega Research/Tradestation. If you would like it, I have everything with it, please let me know....
vols down big today, still going further? shut down aug 1360p today for .9 (sold Fri for 4.5).
is it that bad as far as the instruments not tracking?
hardly a gap in the cash.
so how high wave?
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