Recent content by chrismontez

I don't think that was the issue. I think it was that the volatility started to increase so the price on the front month options went up, whereas the projection was for decreased volatility in the back month and the price didn't go up.

I started trading options on the VIX when they first came out. I noticed that the near month calls were selling for more than the far month calls. I thought I had found a sure thing with a pricing error and bought spreads selling the near month and buying the far month, assuming at expiration...

So are you saying that they went in and adjusted the old VIX numbers using the current formula for calculating the VIX? If not then I don't think you can compare the post VXO VIX #'s to the Pre VXO VIX #'s as they are not based on the same criteria. I was trading options on the VIX at the...

I don't remember which year it was, but within the last 4-5, they changed the way they figured the VIX. I don't know how that effects the older numbers when comparing them to current numbers.

Been in SGMO for a few years . The stock is up about 50% over the last month as it is tied into the HIV drug that has been making news. Still only at 1/3 of its previous high so might have room to climb.

In Jan 2009 I had some money I wanted to park so bought some stock at $49.70 and sold the 2010 50sp call LEAPS for $978. I picked up the 4% divy and at expiration bought the call back for $395 and shorted the 2011 55sp LEAP for $495. Stock is at $65. Assuming the stock doesn't tank before...

I took loses on the puts I recently bought on the oex and GE. I'll I'll buy them back if/when the downturn is more confirmed. Meanwhile my portfolio is going up.

"So I am very puzzled that WHY would you care to read on level 2 AT ALL????? " I have that on my screen, that is not level 2 info.

I did this same thing last year in July, bought Sept 520 puts on the OEX but was too early and they went down. When I got back up to even I didn't hold them or roll them out to the Oct 520's. BIG mistake, those $300 puts finished $10,000 in the money each. This time I'll let them ride and and...

"I think he meant mkt will go higher now that he is short" Bingo, you got it. I really should publish a newsletter lsiting my trades, it would be a great contrarian guide.

I know because I bought puts today.

You know I hate to say this because people will think I'm blowing wind, but I actually have a sysytem for shorting stocks based on a specific criteria that has been working on paper for the 4 years I've been keeping records of it. Unfortunately, I only trade in my IRA now and it doesn't allow...