Vol-trading for beginners

OK, but price VV touch for 4500 by end of Sep.

 

I closed it two weeks ago.

 

Actually, priced both in a reasonably good pricer (predictably, back of the envelope was way off LOL):
Sep 21 - 14.5% mid
Jan 22 - 31% mid

To be honest, 15% Sep feels like a good buy given the shit that's going on

 

Pretty soon you're going to be paying for my stay at the Waldorf.

 

That being stated--big rally tomorrow. Possible 3890 SPX; 12630 NDX (futures up 100 as I type this post).

 

Wow, NQ up beautiful. Do you think it is time to buy the dip (tech sector)?

 

I don't know. I see this as a end stage rotation out of tech and into cyclicals, but it won't have any legs underneath it. I still believe that the highs for the year are SPX 4500 and NDX 14300.

 

I figure it was time to update PNL% as we're literally at both levels on SPX and NDX. Up 5% on the day across three accounts.