SPY is trading $119.53, down 0.4% about 10 minutes after the open. The <a href="http://www.livevol.com/">LIVEVOL⢠Pro Summary</a> is <a href="http://livevol.blogspot.com/2010/11/spy-amzn.html">in the article</a>. <img src="http://www.livevolpro.com/help/images/blog/spy_summary_11-19-2010.gif" /> ------------------------------------------------------------------- <a href="http://www.livevolpro.com/help/free_trial.html"><img height="200" src="http://www.livevolpro.com/help/images/blog/lvp_trial_ad.gif" /></a> For a limited time we are offering a FREE real-time trial to Livevol Pro⢠for non-professional traders. You can get your trial by following the directions here: <b><a href="http://www.livevolpro.com/help/free_trial.html">Click for Free Trial Offer</a></b> ------------------------------------------------------------------- Yesterday I posted this blog:<b><a href="http://livevol.blogspot.com/2010/11/spy_18.html">SPY - One Day Skew Trade</a></b>. Specifically we looked at: Buy the Nov 26 weekly 119 put for $0.59 and sell the Nov monthly 119 put @ $0.18. This spread pays $0.41. I like this trade for a few reasons: ...snip... I have included the Options Tab (<a href="http://livevol.blogspot.com/2010/11/spy-amzn.html">in the article</a>) as of the open (ish). As of this snapshot, the Nov 26 (W) 119 put can be sold @ $0.75 and the Nov monthly can be purchased for $0.17. That's a $0.58 credit on a $0.41 bet. That's a nice gain on a low risk bet even after commissions, that's ~ $0.13 or 31%. Similarly, we looked at a trade in AMZN for one day. You can read that post here: <b><a href="http://livevol.blogspot.com/2010/11/amzn.html">Amazon (AMZN) - Short-term Skew Peaks on Market Fear</a></b>. The Summary for AMZN as of ten minutes after the open is included <a href="http://livevol.blogspot.com/2010/11/spy-amzn.html">in the article</a>. <img src="http://www.livevolpro.com/help/images/blog/amzn_summary_11-19-2010.gif" /> We analyzed: Buy the Nov 26 weekly 155 put for $0.58 and Sell the Nov Monthly 155 put @ $0.14. Pay $0.44 for the one week spread. Look to close tomorrow possibly. Let's look to the AMZN Options Tab (<a href="http://livevol.blogspot.com/2010/11/spy-amzn.html">in the article</a>): As of this snapshot, the Nov 26 (W) 155 put can be sold @ $0.43 and the Nov monthly can be purchased for $.02. That's a $0.41 credit on a $0.44 bet. Adding commissions back, this was like a $0.07 loser... blah... This is trade analysis, not a recommendation. <b>Follow Live Trades and Order Flow on Twitter: @Livevol_Pro</b> Details, trades, prices, vols, skews, charts here: <a href="http://livevol.blogspot.com/2010/11/spy-amzn.html">http://livevol.blogspot.com/2010/11/spy-amzn.html</a> Legal Stuff: <a href="http://www.livevolpro.com/help/disclaimer_legal.html">http://www.livevolpro.com/help/disclaimer_legal.html</a>