The ACD Method

Discussion in 'Technical Analysis' started by sbrowne126, Jul 16, 2009.

  1. hoop121

    hoop121

    almost to a 1 handle
     
    #10311     Sep 15, 2015
  2. hoop121

    hoop121


    interesting, we are pretty much flat to where we were when you bought these. are you up on these because the vol has dropped?

    or did you buy ATM fly's...?
     
    #10312     Sep 15, 2015
  3. Maverick74

    Maverick74

    These were flys on FB and GOOGL that I bought into the correction when vol spiked.
     
    #10313     Sep 15, 2015
  4. hoop121

    hoop121

    BTW, Gartman was on CNBC yesterday saying to sell stocks, buy bonds.
     
    #10314     Sep 15, 2015
  5. Maverick74

    Maverick74

    That means stocks are going a lot higher. LOL. I have no idea why he would say buy bonds. Bonds have been acting very poorly on market selloffs.
     
    #10315     Sep 15, 2015
  6. #10316     Sep 15, 2015
  7. Maverick74

    Maverick74

    Yeah the exchange traded spread already rolled but the delivery squeezed into settlement.

    Dec WTI/Brent is -3.12
     
    #10317     Sep 15, 2015
  8. hoop121

    hoop121

    I was talking about Nov. Hit -2.02 and then tanked on the White House press release. Sitting at -2.81 right now.
     
    #10318     Sep 15, 2015
  9. Maverick74

    Maverick74

    Yeah I thought you were referring to the prompt that almost hit parity on delivery.
     
    #10319     Sep 15, 2015
  10. hoop121

    hoop121

    lol, yeah i saw that. i've learned that when there's about two days to expiration, the crude trades start looking at next month and don't really pay attention to prompt any longer.

    what do you think about buying some call fly's into tomorrow's number? WTI is coiled pretty tight right here and sitting just above the the Adown. You can buy a 49.5/50/50.5 (i know it's tight, just first thing i pulled up) fly right now for like .04
     
    #10320     Sep 15, 2015