no idea, but also Friday ER2 was trading in its own world. I think it was up 1% while YM was still down 100 or so points.
Covered the Dec 1225P at 16.50 average [current offer], futures at 63.00. +255 handles, $12,750 pre-comms.
Atticus: Very nice trade. So you shorted the ES and sold 50 puts. I am not familiar with that style of trading. Can you share a bit more on how you came up with that trade? DMartin
Vegas increase with duration. I was looking to earn on a drop in volatility. I chose Dec deep otm puts for vega sensitivity. I sold puts and sold futures to trade [initially] spot-neutral.
Fascinating stuff! Can you recommend a good book for someone who wants to learn more about this sort of sophisticated options trading?
Natenberg's Option Volatility and Pricing would be a start. I haven't read it, but it's well-regarded.
Please delete if it's too OT. Sold the NDX Aug 1925 straddle at 42.00, currently 41.70 x 43.00. 10-lot.