Let's Trade Options | Page 157 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

BELLA SYSTEM. Let's try it, let's improve it! 118 replies

Let's Trade The News V 0.4 ! 479 replies

Any Options, Bull Options & Option Bit 39 replies

Let's Trade The News! 46 replies

Let a trade develop? 17 replies

Attachments: Let's Trade Options
Exit Attachments

Let's Trade Options

  • #3,121
  • Feb 27, 2014 8:56am Feb 27, 2014 8:56am
Quoting The Fool
these are the March VXX calls. You'll see somebody bought (or sold) 30,580 Mar $80 calls @ $0.17. OK, VXX lt at $43.17. And there's active volumes all the way out to Mar $98...$108...jeez...wtf? Hello? Who are these people selling these ridiculouslydotm options? People smarter than me? Market would have to crater and be dragged down to Hell for VXX to get to $80 this month, much less $98... njr, can I interest you in some short Mar VXX calls? {image}
check the opposite side and if its has similar volume it may be a spread
  • #3,122
  • Feb 27, 2014 8:58am Feb 27, 2014 8:58am
Quoting The Fool
{quote} now at least treasurys and equities appear to be on the same page. TLT moving on $108 with ^TNX at 2.67%. MaYellen knows she must keep the bond wolfs at bay, but ohshit, she's out of silver bullets. I don't think ^TNX can stay pushed down to 2.5x territory, even if it makes it, so I'm still looking to buy TLT puts if it flirts with $109
getting closer, TLT moving on $108.50
"If The Fool persists in his Folly he will become wise." - William Blake
  • #3,123
  • Feb 27, 2014 9:05am Feb 27, 2014 9:05am
Quoting njr
{quote} Hey TF - I'm always nervous about selling VXX/VIX as all is takes is a problem somewhere in the world (such as Ukraine, a warning issued by the authorities about high risk of a
I like fading the VIX spikes, but kind of rare these days....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #3,124
  • Feb 27, 2014 9:23am Feb 27, 2014 9:23am
I decided to trade on the collapse in vol on SHLD.

SOLD SHLD Mar21'14 57.5 CALL (SHLD) @AMEX @ 0.23
  • #3,125
  • Feb 27, 2014 9:35am Feb 27, 2014 9:35am
So the Shanghai Composite was up 0.3% last night, but FXI is up 2.18%. How does that work? I know the ETF is in $ and the RMB is a little weaker today than it was 24 hours ago but, a differential of 1.9%? Must be a reason, I'd love to know what it is.
I have no clue what I'm talking about.
  • #3,126
  • Feb 27, 2014 10:04am Feb 27, 2014 10:04am
Quoting njr
I decided to trade on the collapse in vol on SHLD. SOLD SHLD Mar21'14 57.5 CALL (SHLD) @AMEX @ 0.23
Created short strangle on SHLD

SOLD SHLD Mar21'14 28 PUT (SHLD) @AMEX @ 0.12
  • #3,127
  • Feb 27, 2014 1:31pm Feb 27, 2014 1:31pm
Quoting njr
Hey all, I plan to wait until ma Yellen delivers her testament. Following this I will look at DECK who are reporting after the bell today.
Iron Condor on DECK

SOLD DECK Feb 28'14 97 CALL (DECK) @AMEX @ 0.75
BOUGHT DECK Feb 28'14 100 CALL (DECK) @AMEX @ 0.4
SOLD DECK Feb 28'14 73 PUT (DECK) @AMEX @ 0.85
BOUGHT DECK Feb 28'14 70 PUT (DECK) @AMEX @ 0.55
  • #3,128
  • Feb 27, 2014 4:27pm Feb 27, 2014 4:27pm
Quoting The Fool
{quote} I was thinking of putting on a bear spread on EBAY, which jumped up today - it hasn't been able to put in much time over $57 in the last year... {image}
...was silly of me to bet against Carl Icahn. Lost against him on Dell last year....

In fact, prolly silly to short the tech sector in general. Just buy random calls on the NASDAQ leaders. Bonds up, gold up, equities up, 2013 deja voo. Dunno who these people buying nearterm VIX calls are? Maybe they think Russian tanks will roll into Ukraine ere the Ides of March? Tapirs? What tapirs? Maybe if next week's NFP blows up some tapir fear will reappear, but I think that the tapir tune is done played.

Anyway, I can't seem to put on a winning trade, thinking of switching over to playing the lotto...if Janet Yellen would just help me pick numbers, I'm sure I would win....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #3,129
  • Edited Feb 28, 2014 12:45am Feb 27, 2014 10:14pm | Edited Feb 28, 2014 12:45am
Quoting The Fool
{quote} I had a thought. (I know, right?) Maybe a better way to play earnings spikes is to sell the dotm puts/calls AFTER the ER spike is in. Get a spike up, say, then look for nearest expiry dotm calls to sell after they have benefitted from the move up - which is, let us hope (and often it seems the way it plays out) an exhaustive move. Example: FSLR, which has dropped 13%+ AH, will now be a ripe candidate for 2/28 put selling. More later...
FSLR was a real yoyo. I didn't trade it, though....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #3,130
  • Feb 28, 2014 9:13am Feb 28, 2014 9:13am
Quoting njr
{quote} Iron Condor on DECK SOLD DECK Feb 28'14 97 CALL (DECK) @AMEX @ 0.75 BOUGHT DECK Feb 28'14 100 CALL (DECK) @AMEX @ 0.4 SOLD DECK Feb 28'14 73 PUT (DECK) @AMEX @ 0.85 BOUGHT DECK Feb 28'14 70 PUT (DECK) @AMEX @ 0.55
Position Closed.

Profit = 1.05 per contract
  • #3,131
  • Feb 28, 2014 9:20am Feb 28, 2014 9:20am
Quoting The Fool
{quote} ...was silly of me to bet against Carl Icahn. Lost against him on Dell last year.... In fact, prolly silly to short the tech sector in general. Just buy random calls on the NASDAQ leaders. Bonds up, gold up, equities up, 2013 deja voo. Dunno who these people buying nearterm VIX calls are? Maybe they think Russian tanks will roll into Ukraine ere the Ides of March? Tapirs? What tapirs? Maybe if next week's NFP blows up some tapir fear will reappear, but I think that the tapir tune is done played. Anyway, I can't seem to put on a winning trade,...
Morning TF - Sorry to hear this. Keep positive and look for the next opportunity mate.

Yeah, it seems that people are supposedly buying protection whilst it is cheap. There are some that believe that there is a black swan somewhere nearby and soon we'll see it. Of course the other side of the argument is the S&P is on the way to 1900 very soon...

If speak with ma Yellen can you also ask her to pick the Euromillion lotto numbers as well
  • #3,132
  • Feb 28, 2014 9:40am Feb 28, 2014 9:40am
Quoting njr
{quote} Morning TF - Sorry to hear this. Keep positive and look for the next opportunity mate. Yeah, it seems that people are supposedly buying protection whilst it is cheap. There are some that believe that there is a black swan somewhere nearby and soon we'll see it. Of course the other side of the argument is the S&P is on the way to 1900 very soon... If speak with ma Yellen can you also ask her to pick the Euromillion lotto numbers as well
idk, somebody dropping $0.5mio on Mar $80 calls for "protection" to me is a little beyond the pale, but wtf do I know?

Black swan maybe not but if things heat up in Ukraine might be a blackbird. At any rate I am putting on a bullish debit spread on SDS today, details later....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #3,133
  • Feb 28, 2014 11:15am Feb 28, 2014 11:15am
Quoting The Fool
{quote} ...was silly of me to bet against Carl Icahn. Lost against him on Dell last year.... In fact, prolly silly to short the tech sector in general. Just buy random calls on the NASDAQ leaders. Bonds up, gold up, equities up, 2013 deja voo. Dunno who these people buying nearterm VIX calls are? Maybe they think Russian tanks will roll into Ukraine ere the Ides of March? Tapirs? What tapirs? Maybe if next week's NFP blows up some tapir fear will reappear, but I think that the tapir tune is done played. Anyway, I can't seem to put on a winning trade,...
VIX call buyers!!!

http://www.cboe.com/tradtool/webcast...809eb060e36083
  • #3,134
  • Feb 28, 2014 1:59pm Feb 28, 2014 1:59pm
omg the Nasdaq has gone red....not sure I have ever seen that before. What happened? Did the gigafagtory blow up?

Or has the shoosting begun....?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #3,135
  • Feb 28, 2014 2:14pm Feb 28, 2014 2:14pm
Quoting The Fool
{quote} At any rate I am putting on a bullish debit spread on SDS today, details later....
I bought the call leg, Apr $30c @ $0.59, them gone to $0.80 on the dip, will see if they can run next week...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #3,136
  • Feb 28, 2014 2:23pm Feb 28, 2014 2:23pm
Quoting The Fool
{quote} getting closer, TLT moving on $108.50
TLT short bets are off if the shoosting begins. I was is am still holding out for $109+ anyway.

This weekend we prolly see Putin riding a tank with his shirt off in the Crimea...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #3,137
  • Mar 1, 2014 12:45pm Mar 1, 2014 12:45pm
http://www.bloomberg.com/news/2014-0...tml?cmpid=yhoo

kills me that I knew this move was coming and it blew right by me. I've been about a week late or a week early on everything lately, it seems.

...except Friday Apr $30c long SDS, S&P should back down away from Putin's tank next week.....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #3,138
  • Mar 1, 2014 12:48pm Mar 1, 2014 12:48pm
Quoting The Fool
{quote} idk, somebody dropping $0.5mio on Mar $80 calls for "protection" to me is a little beyond the pale, but wtf do I know? Black swan maybe not but if things heat up in Ukraine might be a blackbird.....
well, we'll see.

I have better ties than all these dudes

http://video.cnbc.com/gallery/?video...o%7c&par=yahoo
"If The Fool persists in his Folly he will become wise." - William Blake
  • #3,139
  • Mar 1, 2014 3:11pm Mar 1, 2014 3:11pm
http://news.yahoo.com/russian-troops...200052097.html

go Putin! Make the world safe for heterosexuality!
"If The Fool persists in his Folly he will become wise." - William Blake
  • #3,140
  • Mar 2, 2014 11:12am Mar 2, 2014 11:12am
What's the mood like in Heidi country, njr - are the Swiss getting worked up about Putin's tanks rolling into Ukraine?
"If The Fool persists in his Folly he will become wise." - William Blake
11 traders viewing now