I’m hearing a lot of people talk about the rally and how good it is. How it has legs. If we look at VIX futures, they peak in October and then sell off. That is telling me that 1.
Hi, this is Amish from India,
I trade in nifty gamma scalping I have 30 days remaining to expiration, I have bought calls strike 4800 @ 35% vol and I have done delta hedged with nifty futures, my
Well, I was clearly wrong yesterday. Thankfully, I posted on thursday night so there is no way anyone would have been able to read my thoughts and include them in their decision making process.
First off, I don't think we have a lot going on tomorrow. One of the really scary things about options expiration is that all sorts of crazy things can happen.
Short answer, busy, long answer, I've had alot going on. As far as trading goes, any one who has heard me speak say that I think vol is a sale here. I continue to believe that.
Well, the puts worked, but IBM just doesnt want to play ball. This may end up being a loser, but lets hang on till tommorrow. If we get a pull back tommorrow we might break even.
Well, I got into some trouble on friday. I needed a quick fix. I don't feel like I had enough time to add a second calendar on this.
Well, I almost pulled the trigger on an adjustment this morning, but I ended up not quite buying the sell off.
Well, I guess I was kind of right on friday. We did end up down, however, it certainly was not a bounce back rally. This may be a small short term pull back.