Ho-hum day, really ... . Volatility has bled out of the index ETF's a bit in light of Friday's and today's price action, leaving me pretty much sitting on my hands, although I attempted (again unsuccessfully) to get fills on a TLT IC with a bit of increased volatility there and an FXE short call vert (Oct 2nd expiry) ... . I set them up the Sunday night, was biz most of the day, so it's really no surprise they didn't get filled.
I considered slapping some SPY short call verts on here with short call strikes above the YTD high (something like 214/217 short call verts, maybe 213.5/216.5), but want to see if there is some kind of continuation from Friday's and today's bullish movement to do that ... . Some days last week were very whippy, so a short-term thrust to test 2114 is not out of the question (the .764 Fib for the mid-March to present range between 2040 and 2137), and I would think it would be a perfect place to add short call verts. That being said, these little upward thrusts have been extremely fleeting and of intraday nature of late ... .
I considered slapping some SPY short call verts on here with short call strikes above the YTD high (something like 214/217 short call verts, maybe 213.5/216.5), but want to see if there is some kind of continuation from Friday's and today's bullish movement to do that ... . Some days last week were very whippy, so a short-term thrust to test 2114 is not out of the question (the .764 Fib for the mid-March to present range between 2040 and 2137), and I would think it would be a perfect place to add short call verts. That being said, these little upward thrusts have been extremely fleeting and of intraday nature of late ... .
Fireworks are fun ... as long as you don't blow your fingers off.