KSS vols now settled in at 46% on average (I always like to model at higher vol level for cushion). Straddle now closer to $3.00 but was not going to hold and watch that turd drop a lot. Stock bouncing around $77 still .
lol recall the complete and utter bullshit from Kimberly? Oh no, you cannot cover a straddle at the open after earnings.
That's because he trades size. "If you must know, I provide liquidity" (c) Heard from a friend today: "Trump is the best thing that happened to VIX trading in the last two years"
I share that sentiment. Interestingly, some of the old(post financial crisis) patterns i used to trade all came back early 2017. My PnL in the past 16-18 months is 2x-3x that of '14, '15 and '16 combined.
Out of town, but going short here basis 2860 SPX; 7435 NDX. Rally, post some trades (if you can divulge).
Sure, +sep/-oct vx from 90. For anything more insightful you are gonna have to sign up for my monthly newsletter.
Flying out of country. ROKU stopped out for loss and SIG still on for next week. No scanning or vol trades until after Labor Day.
Ya, indeed some stuff started to work in ze VIX again... TRY forward vol was the trade of the year, though