Thank you. The call IVs for Nov are extremely low - at 8.x %. Absolutely no premiums here, I guess. So aren't call sellers at a big disadvantage - given the recent move of the markets ie not being compensated enough for the risk taken?
I'm looking at the VIX as well as a possible indicator. What indicators do you typically use for the SPX?
For credit spreads on the SPX I just look at the big picture for support and resistance and trends. For day trading I do use MAs fro support and resistance and trends as well, but I also use candlesticks and bollinger bands. I used to use stochs, MACD and CCI but I found it was just confirming what I was already seeing in the charts so might as well lessen the eye strain and stick with the charts. Oscillators are fine but overbought can stay overbought and oversold can stay oversold so just be careful....
Not a lot IMO. Excluding weekend effect, VIX was not much different from Friday most of the day. Little bit of fear due to blip on Sunday + lower open perhaps. FOMC policy statement et al tomorrow. At the close, demand for options -> higher VIX. This thread just gets better with age
Actually, I was thinking at least 8...but we all know you have your minions in your dungeon working on manipulating the market so that you don't have to leave ET LOL