You see what it did on the left side of that chart right?
This is exactly what someone who was part of the plunge protection team would say to deflect from the truth. The greatest stunt the PPT ever...
What about these guys? https://en.wikipedia.org/wiki/Working_Group_on_Financial_Markets
I don't remember that but I do remember Aug 17, 2017. Aug 16, SPX had closed at 2468 and change. No one had a clue of the blood bath the next...
I have traded a short VXX/UVXY long SPX put strategy for a few years now. I have watched the SPX put skew continue to steepen as well as VIX stay...
To add to this, volatility trading is a very crowded space right now and short volatility is the next "bubble". Everyone can look at a VXX/UVXY...
This usually translates in to mental profits versus actual.
If you are only trading 10k, I would strongly urge you to move to SPY until you build up more capital. Hedging a 1% risk is too tight, you will...
[ATTACH]
[ATTACH] They do sell it in the US. My daughter had one, it is manufactured by Mattel. GM may be a lot of things but they aren't stupid, and...
No you just add a couple of extra lines: On dip In market: buy = True; dip() IF bearmarket: On bump In market: sell=True bump()
In his defense, I use an even simpler chart and I am making mad crazy points:[ATTACH]
I am the middle finger of the handful. Don't let these people get to you. After all, we don't need two handfuls with our knowledge! We are...
While there is a chance we could have some type of market moving event, the fact that there are so many complaining about the low VIX makes me...
I think another issue for the middle class is the rise of consumption and credit. We want our kids to have what we didn't so we don't think twice...
You are right, my post was incorrect. What I should have said in my original post was that just blindly selling this risk premium is not an edge....
Does anyone still use Spotify?
I disagree, there are many funds that trade options based on this edge. Direction has nothing to do with their trading.
There is an edge in the equity options markets since the majority of the money that goes in the market is long. They have to protect returns...
[ATTACH] Stay safe! Hopefully Kim Dong Dung doesn't have a MOAB of his own aimed at your underground shelter. I am hearing NYSE may even stay...
Separate names with a comma.