Get long

Yeah, sure but I am structured short futures. I can't get into detail, but it's too late to be long puts outright on index. You can trade otm diagonals and calendars, though.

 

XOM might be a 150 dollar stock. At least JPM is contemplating such a scenario internally.

 

But does Dest have "totally legit" low post count cheerleader (cough...soyunperdedor...cough) following like Ken does? I think not!

 

Impressive call that far out, pretty much nailed this.

 

I am long everything here. Small target of 14400 NDX. Long size in MSFT from 288.

 

292 MSFT last. wheeee.

Short Mar vols 53/45 line (puts/calls); long the risk-reversal at edge from 279.9x. Up 150 on NDX RR which I'll cover half at 14400 target.

 

I have to brave potential selling at 14250 on declining volume. I hope it comes in.

 

I make a mil at 14,900 NDX on 1/31. Structure works to 15,800. Does not factor LVLD/Derman--so likely no loss to vol-line.

 

Nice reversal candle on 14250. Now shorts have to buy it back.

 

I am out half of my bull RR as the gains from vol over-shot. 15373 here. wheeeeeeeeeeeee!