grrr...wish I had traded more contracts. Still, nice Xmas pressie for myself.
Now I know why you're getting coach to update his positions all the time! :) Top right of page there is a search link. On the search page,...
lol. Here: http://www.elitetrader.com/vb/showthread.php?s=&postid=869308#post869308
This is a good rule of thumb, though I'm personally a little more conservative than that - I rarely have confidence in huge moves in any...
Chrdso, Little late in replying here but: What you might be missing, that Phil alludes to, is that IN GENERAL when SPX rises, the IV goes...
Chrdso, If you're talking about simply going long a call for example, then yes, buying ATM which will be at the bottom of the smile might be...
You say tomato, I say tomahto, you say bee-yach, I say hippie chick. Yes, discussion always useful...but not at the expense of getting RSI. I...
Nuff said :D
Okey doke, but.....we both know that SET doesn't neccessarily correspond with where the market actually goes. So, what I meant was, whilst your...
Me thinks you right...and you made a nice bit of pocket money from that too.
Phil, Not to nitpick or anything. You make money, I make money, everybody is happy but......I have to question how you use TA to work out where...
Good point. This was key last expiration. After the Thursday close, a big co. came out with some positive earnings (can't remember which) and the...
Optionwriter, Suggest you search the thread for multiple discussions on SET risk etc. I know it's a long thread but spending a weekend reading...
Andy, Btw, nice trade if you did it. XEO has gone nowhere since last exp. Perfect month for sideways strategies. $9 initial vs. current $5.60
To be sure, to be sure, there's gold in them thar posts. Distro = distribution. It's generally accepted that IV of ATM options (CALLs and...
Labib, I'm sure coach will give you his opinion in due course. In the mean time, here is my take on the situation: Looking at the synthetic...
Ditto. Possibly a by-product of MMs wanting to get flat in a hurry for end of day and/or looking at futures movement to gauge the next days direction.
Andy, Put calendars are a possibility. Looking at diagonals and back spreads too. Might even slap on a three month straddle or something if the...
George, I think I offered an explanation for why this strategy might be viable for some even with low IV here:...
Mmmmm.... I hope it does keep going up. The higher it goes, the lower VIX becomes. My mouth is watering at the prospect of loading into long...
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