Rosebud

how are you holding two short ovx?

 

I am not holding OVX. It is just the index I use HERE as a proxy for the actual options I use. I create a mini-synthetic OVX with a slight lean for upward skew. See page 4&5.

 

got it

 

Well, this is bad [for me] . Several oil dependent companies will probably go bankrupt soon.

 

bad for YOU? did you tell rosebud, i'm sure she will be pissed

 

Here come the dip buyers. I am beginning to believe that not even two FED rate hikes will take this market below 2042. In fact, maybe it will rally on the "news"

 

is "here come the dip buyers" in her code?

i'd love to see that string

 

If irrational is the driver then you'll be right...

 

Added two units Long CL 40.55.

 

Nitro, the Sept contract is last notice. You can't trade it. It goes into delivery tomorrow....