We discuss SPY skew flattening, butterfly trades, how BP trades might be entered and take a look at the VXX
We talk about why the VXX is down and the VIX and other indexes are up. Discuss a few news tidbits and show me entering the two winning VXX trades from Friday.
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.
We discuss what is moving the market as well as Goldman Earnings and IBM earnings as well. I talk about what trade I don't like right now and what I do.
The SPX straddle has been oscillating around the current price f
The market is up on prospective hiring. We look at price patterns of IV and the VXX, and talk a little about SPX Ping Pong. Finally, I look at skew and say what types of trades I like.