Search results

How'd that strategy work for ya yesterday?

No, not this close to expiration and this deep in the money. Exercise the Oct puts to flatten your position (which will reset your buying power). If you decide to initiate another IC you can begin doing so using Nov strikes.

Uh huh. You saw Vix go to 70+ and Dow lose 30% in 8 trading days during the tech bust. Sorry, but you haven't seen this type of panic in your lifetime until now and most likely none of us will ever see it again.

Same shit happened a week ago Friday (short squeeze day) on the IWM open. Had some ridiculous trades happen >$150 and everything above $86.05 was eventually busted.

The guy who wrote that you could throw good money after bad gave you about the best advice. You can 1) wire money in to cover the call or 2) reduce or eliminate your exposure. There is no such thing as negotiating time. Your broker is not in the business of taking on market risk when trades...

By far

I didn't believe those prints myself, almost still don't. Looked at the Tradestation matrix for IWM and there were several large blocks that traded up there in the stratosphere, including >73k at 142. For a moment today, every print >84.14 was taken down, which is still a ridiculous price...

So that's why small cap futures are up 5% pre-open. That and busting the short vol guys right in the lip. Pre-open action has brought about a quarter million IWM calls into play that were viewed as nearly worthless most of yesterday.

This is the most ridiculous thing I've ever read. In a trading world dominated by hedge funds, many of which are market neutral ie long one sector, short another now you want us to believe that all of the sudden all those existing short positions will have to be closed out? Seems the mantra...

How many of your trades in the past were done in a 35-40+ vix environment? Very, very, very few would be my guess. The slippage is a function of extreme(fast) market conditions, not of the contract itself.

Fed funds vs 2 year are kinda twisting his arm. But no cut the other day so most likely no cut tomorrow

Guys: Volatility is sky high right now, some of the highest in the last 5 years. Throw in an exchange change which undoubtedly left some stubborn holdbacks on CME and it should be no surprise at all that TF is jumpy as all get out. I would advise making no judgment on TF liquidity right...

Very true. Also, ER2 always had the best bang for the buck( (range*tick value)/initial margin). And it seems the TF has even better bang for the buck using same math.

When the first plane hit, most thought it was a tragic accident. When the 2nd plane hit, everone *knew* it was on purpose i.e. a terror attack. That was when the panic set in. But thanks for the expose on how a bsd such as yourself manipulates the markets at everyone else's expense.

Who are you, Bob Prechter?

About as worth buying as Enron was the day S&P declared their debt junk status. Why even waste your time looking at those 2 stocks?

If big tech is any indication it just might. SMH already negative.

5 straight down days NDX,COMP, only major indices to undercut the July lows this week. Noticed QQQQ had highest volume day since July 15 with a modest buying tail. Could(should) have had some professional accumulation today. But I wouldn't read too much into an SPX reversal day when the...

Yeah, seems the masses are looking for a rally to sell, the 1260 break got everyone bearish. And the Nasdaq? Well, it being the heavy weight it is just adds to the bearish sentiment. Might close down 5 straight days here.

Ever consider using ratios instead of outright levels? Ratios are self-adaptive to the continually changing number of issues.