Goldman Sachs wants people to short VIX because options are not selling well?

Discussion in 'Trading' started by crgarcia, Jan 29, 2008.

  1. For example me and some fellow traders, we didn't purchase options to play before the Fed meeting, as implied volatility is sky high.

    GS is an options market maker (they hedge with futures), but the recent decline in options trading volume has them worried?
     
  2. Actually, they want half of their customers to buy and the other half of their customers to sell. GS can then take a lot of "juice" out of the middle from market-making.
     
  3. you mean take money from people by manipulating the bid ask to create a market which they make $ off the spread-sounds like people are sick of being manipulated
     
  4. just like they made a record haul by shorting the whole housing mortgage sector while they got everyone else to go long the CDO'S/ SIV'S they were pakaging and selling-sounds criminal