DislikedA ^VIX spike above 25 will probably triple my accounts across the board.Ignored
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DislikedA ^VIX spike above 25 will probably triple my accounts across the board.Ignored
Disliked{quote}High Hopes....a lot can happen between now and Jul 01....I have big sets of some long VXX calls that have been cut loose from the spreads they were in....the debit on these Jul 01 $17's was <10c....a spike to $30 would get me $10.00....$0.10 to $10.00.....????? ....of course, I would prolly start taking something off at 1/2 of that if it shows.... {image}Ignored
Disliked{quote} could be over the weekend there was a significant brexit lead in the polls plus CNY industrial production coming out of china may just have a wider miss tomorrow morning. waitingIgnored
Disliked{quote}High Hopes....a lot can happen between now and Jul 01....I have big sets of some long VXX calls that have been cut loose from the spreads they were in....the debit on these Jul 01 $17's was <10c....a spike to $30 would get me $10.00....$0.10 to $10.00.....????? ....of course, I would prolly start taking something off at 1/2 of that if it shows.... {image}Ignored
DislikedOrlando will only exacerbate market volatility....will affect the Brexit vote, because there is a lot of anti-immigrant animus in the mix there....maybe will tighten the US prez election race, also. Just for the record, I am a speculator and I try to trade the volatility in the markets that is caused by disruptive events in the World. But I am not cackling with glee when there's a massacre or a hurricane or a war breaks out somewhere. My goals include being able to make enough money trading the markets so that I can give the lion's share of those...Ignored
DislikedAnyone have any good options strategy for Monday's open? Looking at UVXY calls and SVXY puts.Ignored
Disliked{quote} That's a toughie ... . I generally use VIX as the guide (UVXY, VXX are subject to contango; SVXY, the inverse) and look to enter trades at VIX extremes rather than attempting to play the middle ... . I'm looking to fade a spike here, but VIX @ 17 isn't exactly the kind of spike I'm looking for: {image} As a really crude guideline, I'm looking to fade VIX spikes above 20 (obviously higher is better; 30 would be swell). Watch VIX for these levels and then look to fade via VIX options or options in the derivative instruments (VXX/UVXY (short),...Ignored
DislikedJust for the record, I am a speculator and I try to trade the volatility in the markets that is caused by disruptive events in the World. But I am not cackling with glee when there's a massacre or a hurricane or a war breaks out somewhere. My goals include being able to make enough money trading the markets so that I can give the lion's share of those gains to causes that I support. I will continue working toward that.Ignored
Disliked{quote} Interesting stuff ... . Corporate repurchases of stock, however, are subject to regulation and easily locateable if you know what to look for. Unfortunately, very few people know what a 10-Q or 10-K is; fewer really want to read through the whole thing ... . https://corpgov.law.harvard.edu/2013...e-repurchases/ My take is that the vast majority of companies think that these repurchases add value to their stock in the eyes of potential investors, so they usually gush about how much stock they're buying...Ignored
DislikedThanks for this informative post. (Sorry if I digressed too far from the subject of options trading in my earlier posts, BTW.)Ignored
Disliked/ES down 9, 10 handles here; DXY fairly flat; oil off 1.12% ... . Can we have some continuation for a change and not have this all given up in late Asian/early Euro sesh's, please?Ignored
Disliked{quote}word. I bought a Jun $199/195/191 put fly for <20c as I recall, and rolled up the $191's to $199 when SPY was thrusting into the ath funk...it needs a drop to <$202 to make some decent money....if it looks dicey I will get a little back rolling up the short $195 to $198 or maybe even $200... {image}Ignored
Disliked{quote} Thanks for this informative post. (Sorry if I digressed too far from the subject of options trading in my earlier posts, BTW.) {image}Ignored
DislikedSay, I know there's a way to do this on ToS, but I kind of suck at all the tools there. Is there a way to model what price VIX would have to be at in order to have the 20 put be at .10? I know it's gotta be above $25 (he says, unsure of himself).Ignored