Recent content by IB_Dude

That's brutal

You'll be missed here. But I believe it's in your blood more than anything else, so I expect to see you back like Gordon Gecko

Oh no doubt, and you have definitely capitalized well. I was referring to swing shorts for those expecting another leg lower. It ain't been a pretty stretch.

While shorting this market has been a fools errand of late, the set up is rather clean if you must short, some might say it's too clean. You know where to place your stop. On the flip side, running those stops might be fuel needed for ATH

Just stopped by to make this comment. I think swing low is in, I expect confirmation or failure shortly after RTH tomorrow.

Dart's pretty much answered your question. Anyways, this is clearly a bearish bet, but one where the trader sees limited downside. It almost looks like a trade off the Goldman call that we'll be range bound between 3200 - 2850. Without being in the trader's head, I'll guess selling two of the...

It's really fascinating.

Perfectly reasonable, there doesn't need to be anything. We all try to glean insights into the market's next move, and we call it an edge. What I gleaned is the unusual PA in SPY puts, and what I'm trying to ascertain is whether it's a useful insight into short term PA. Honestly, the recently...

Of course, reversal risk is high with such a huge one way move, but we've been moving in this direction for a minute and spread hasn't been this blown up. The most interesting bit, to me, is the timing of this vol spike (on puts). Naturally, one would expect the tight range chop of the last few...

I can't remember the last time that I saw such wide spread between Put:Call prices. Puts are quite expensive at the moment. It could be that folks are hedging or downright betting on swing down, I don't know. It'll require the insight of people much smarter than I.

It's Beijing. Talks of lockdown

Which one of you pushed the big green button? Nevermind, it's Jerome.

Locate the mute button and hammer it!

I'm sorry, man. Hell of a trade tho, gotta take solace in that!

What instrument is this? I'm on the ES Sept contract