I think there could be a big rally in July.
lol, what did I do to deserve that?
Took a portion off @ 1.05. Some technical analysts were quite bullish on the market. I'm still bearish in the very short term so I'm leaving...
Bearish a little short term. Buy SPY vertical QTR JUN 135/132P @ 0.72.
I forgot about the long-term short straddle. what I'm trying to do is a long-term mean reversion of vol. For short term short vol trades, I...
How do you short vol? Short VIX futures, long VIX calendars, use VIX options, gamma-delta neutral short SPX time spreads? All those have time...
Where's Ryan? I owe him a little for his bearish bet on PCLN.
Chart shows strong support at SPX 1350. Expect more bounce in the very near term, but when it breaks it could maybe go to 1300 or lower.
We're already @ 1350. Damn, I was perfect in my timing of completing my SPXPM fly (4 1360/1300/1240), but I sold 1 of the 1240P leg. I should...
I sold half of my SPXPM JUN 1240P, so I have 1360/1300/1240 fly and 1360/1300 front spread now. I didn't like the action so far today. I think...
That's unfortunate - I looked at your trade after placing mine and it showed some profit. Anyway, nice job on WFMI.
I got out of my V diagonal @ 3.35...a wash. Ryan, you should see profit with your trade.
LOL V is swooning!
I put a small diagonal trade on V: MAY18/MAY04 120c/125C @ debit of 3.30.
It's a long way until expiration, and it's unlikely I will hold the position unchanged until then. The OTM fly is just a directional bet for now...
I waited until today because the first day of the month could be strong. I had SPXPM JUN front spread 1360P/1300P for a while and doing well, but...
Anyone going bearish the market? I'm looking for a pullback with JUN SPX OTM put flys, funded by covered call position on bluechip stocks. Also...
In the morning I bought back half of the WMT MAY 55P @ 0.22. And just for fun I also put on a small position of short WMT MAY 60 straddle @ 2.60,...
I rolled WMT 57.5P down today but still in MAY to 55P and doubled the number of contracts. Average basis is now 0.2625 credit and I'm underwater....
Why? Don't know, but that's the way TPTB decided. Weekly DJX, NDX indexes also AM-settled (like monthly). CBOE's SPX weekly is PM, and OEX/XEO...
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