Yes, today the market moved beyond 1 standard deviation. That said, I really think we may be slowing down. Skew flattened a touch today, IV stayed pretty constant. I decided today would be a good d
To all the great dads, uncles, grandfathers, you name it.
Thanks for being our first Trading Mentors!
Gamma is the change in delta for every one point move in the underlying.
For the fifth day in six days the market moved less than a one day standard deviation. This seems to be a short term trend.
Several months ago, traders were complaining the implied volatility was really low. It turned out that realized volatility was even lower.
The SPX trade did not exactly go as planned, when the market took off this morning I had a bad feeling that this might be a major rally, I ended up exiting the trade at 75.50, for a gain of 5.50.
So the time is come to finally share my exciting news.
The market did little nothing in terms of market movement, although I personally feel volatility is heavy. What do I mean by that?
I was told I can announce it Monday. I just got back from New York, great trip, thanks to all who saw me.
Will write something tomorrow.