the vols are at the 3rd deciles now , but the main Q where its headed. If you belive higher then you should do it your way ( buy wings first and short later on high vols). That's how you did it , right ? Plus , its better for margins. All about little IF , lol
I got burned so bad trying it that way I'm buying/selling verticals then looking for condor/B-fly opportunities. As bad as the market is the vol's are not as high as last month.....so far...looking for a turn next week, but this is one very difficult market to trade I think your scalping is probably the best thing to do right now. I'm just not a good intra-day trader.
yes , scalping going very very good , but latest vols action killed a lot future candidates , the IV is just tooo high for me to enter/go long. Well , I only need a few stocks at the time , I will find something next week.
Agreed...... Sigh we have been reduced to bumping threads.... or else it will be deleted in 3 years as per Baron http://www.elitetrader.com/vb/showthread.php?s=&postid=1923698#post1923698
Yeah but at the end of the day, Baron knows how much he owes Riskarb for bringing so much traffic to ET. Just look at the amount of page views he generated with his posts. No need for anyone to bite the hand that feeds. Eh, what can you do right? Strange days we live in.