Currently Mark is still in the lead. The person with the most potential points right now is Michelle B.
Traders, one of subjects I get asked about often is adjusting. Rather than talk specifics I thought I would briefly go over the approach traders should take toward adjusting.
I am dedicating tonight’s blog to making my readers lives easier:
The VIX was up something something percent, or down so and so percent.
Want to read my monrning commentary and thoughts on a couple of bullish trades I saw
Check me out here: Stock Futures and Options Magazine
Have a great day
In many ways setting up a butterfly can be just as important as managing the fly.
Traders that read yesterday's post may have noticed that the indexes (save the NDX) moved more than a 1 day standard deviation yesterday.
This will be a short post. I just thought I would point out what the closing one day standard deviations were for the four major indexes using April ATM IV.
It is all over the blogosphere that the VIX futures are far exceeding the cash VIX. "So what!" the trader may ask, "How is this of any use to me?" It is pretty simple trading approach.