Those who have been trading for a while know that trading is a high performance profession.
Winner 1: Dennis
VXX 20/24/25 AUG for a credit of $1.75
"Water, water everywhere...not a drop to drink"
The ES (S&P 500 Futures), almost rallied above 1100 today, yet failed again to break through. I am not a technician by any means but this is certainly something to watch.
The market ping pong continues. The SPX and SPY have no conviction in either direction. I expect short term IV to rally because we are nearing the top of the SPX range of about 1100.
Yesterday during the Mid Day Pit Report we discussed an interesting AAPL earnings play, one of the plays I liked involved buying AUG ATM calls in AAPL and selling more out of the money Sep calls to
The SPX straddle has been oscillating around the current price f
I want to flash you traders back to the flash crash. The fund I work with was trading had entered a May OEX butterfly that had been doing reasonably well, until the first week of May.&n
Dont Forget. Tomorrow at 10 am EDT, 7 AM PDT I will be giving a presentation for the Option Club. The topic will be trade selection.
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