April 28 - May 2 : The Week of Great Volatility

Discussion in 'Trading' started by cszulc, Apr 26, 2008.

  1. cszulc

    cszulc

    Yes, especially with the low-vol on them. Picked up SPY 142 Puts for only $0.50 in time premium.
     
    #11     Apr 27, 2008
  2. cszulc

    cszulc

    Absolutely agree with you. The high on Friday was 1399.11, so I couldn't be more bearish now unless we pass through, close at, and stay above 1400.
     
    #12     Apr 27, 2008
  3. cszulc

    cszulc

    The ES front month still hasn't broken out. It is forming a type of a rising wedge to me. Could also be looking at MA cross if we stay in a tight range. The unordinarily high volume on Friday could signal the top as well here as notated on the chart.
     
    #13     Apr 27, 2008