Still in...a longer term position.. action weak as shit in the gold... considering we have blown up our entire financial sector... Still think max downside for PA is around 175... but Gold has over $100, maybe more, to the downside... You should see the vols in these Oct Bonds...just through the roof..options that should be trading 3 or 4 ticks are trading 5 times that price..
Any strike...specifically the out of the money calls... Not doing anything in the spoo right now... i have my Fed day ritual
I covered, nice profit on the day. those 1050 spooz puts i sold this morning for 25 fucking points will also help on the p/l for the month
Price Quote IMM index points. Each 0.01 (one basis point) equals $25. Minimum Price Fluctuation (Tick Size) 0.005 IMM index points (one-half of one basis point), or $12.50. So while a tick is officially $12.50, most people call that a half-tick. A full-tick, or two official ticks, is $25.
Not me. I got hammered in my long GEZ8/GEZ9. Made some in the short 6CZ8/6AZ8. I'm going to add some risk reversals in ES / and NQ today. Sell some ATM puts and buy OTM calls with the premium generated.