Option Traders, as an option mentor one of my goals is to be as modest in victory as I am in defeat.
Its friday the 13th, we will talk about what to expect today, and what IV might do. And talk weekend decay. Also we will examine the VXX trade and discuss a new morning trade.
The VIX was up about 3 points today. The VXX was up over 1.5 points. How much was IV up in ATM SPX today?
Yesterday:
So I thought I had to write today's daily SFO. I didn't, but I had already written my piece. I thought I would post it here. Keep an eye out for tomorrow Daily SFO by me!
The market is down big, we will talk about why and how. As well as what how traders may take advantage.
With the FOMC meeting, and employment over with I thought today would be a good time to examine the state of SPX volatility. Is realized volatility high or low? Where is implied volatil
We look at the SPX, and VXX, talk about our VXX trade and GENZ
For those of you that don’t get why the market rallied so much today, let me put it to you clearly. There is a huge amount of fear about Europe. The biggest is the banks getting complet
Traders, this is just a quick reminder. IV is not down right now in the sense that most pros see it (hint: If I am not making money from Vega, vol is not down). The weekend decay
