Blog

Trading Gold

Tech is still where it’s at with most of the big names reporting earnings beats.  Even lowly TWTR managed to squeak out a big move up now that profitability looks much more likely.  Long term IV is still cheap in there.  Evaluating volatility and position structure is a learned skill and that is what we teach in our Gold Course.

The Trade

Blog Image: 

Will Super Mario save the day?

For a few moments today VIX went backward and traders decided to worry about a tax plan, ECB rate hikes, FANG earnings and whatever else ails a screaming stock market all at once.  I don’t see many backward to VIX cash markets at 13 VIX but we had one today.  Usually VIX traders have a reason to let VIX cash fly.

Blog Image: 

Will GE do it or not?

Not so quietly GE has fallen from the low 30’s into the low 20’s with SPX and INDU making all-time highs.  Massive asset sales could be on the block and the equally massive 4.4% TTM dividend could be on the block too.  I think most of the weakness in GE is centered on those issues.  Option Pit is giving a free credit spread webinar tonight so this is an inkling of that.  And no GE will not be the topic.

Blog Image: 

Pages

Subscribe to RSS - blogs