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I think this puppy is headed for 8. I'd consider trading VIX options directly but it seems too thinly traded to warrant significant trading attention. TS

Sigh, wouldn't ya know it. Just as soon as I try an in the money debit spread SPX steps back 1 to 2 steps , goes flat line to sideways to invite a perfect Iron Condor opportunity. But VIX denies it by making motions toward new lows and the 8 level. I am still trying to get a few upside...

I'll take it in good faith that no one here as appointed you Custos Morum in any matter. But if it makes you feel better I suppose I can let you get away with thinking you won something here. But the personal slander is another matter all together that will have multiple consequences. Stay...

My my you are now committed to studying every post I write. I am flattered. But you act as if SPX is the only thing that a trader can write a debit spread against. What is your fundamental problem? Is it organic or chemical? Do you feel threatened by everyone who posts here? I have never...

Ah, now I can see that it's my old friend TraderNick hiding behind yet another of his dopple accounts. How goes it Nick? Still ashamed at how our last encounter turned out? BTW - didn't you already short your left nut against my recommendation back in the Canadian Trust threat and lose it on...

Not so fast. There are a few of us in the reserve unit just waiting to be called into action. :D The global community has just not quite figured out America's new economic strategy. You see as part of our new economic detente program of assured mutual economic destruction we convinced the...

If one us trading 10 point credit spreads, 50 points above and beyond with an Iron Condor (e.g. short 1450 calls and long 1460 calls and short 1350 puts and long 1340 puts) its not as bad as you might think since the longs limit the total risk. Conventional margin requirements on a 10 point...

In a panic scenario - lead trumps gold 100% of the time. :D TS

Tell me BM, do you hang out here for the sole purpose of attacking everyone that does better than you to let you feel better personally? If so, please go find another dung pile to play with son. I have little time for your games. But please know that I take all your attacking of anything I...

For those that are bullish for stocks but bearish on real estate the acid test on that sentiment is simple. Rather than just fight the housing market and sell at a loss simply strip your equity with a home equity loan on all these extra houses and condos you picked up intending to flip. Put that...

Be careful when comparing older VIX values and trying to derive expectation with market dynamics. The VIX was not published until 1993 & I have no idea when it became widely followed. There was also a formula change not too long ago. As such it should be intuitive from "observable systems"...

Don't forget to tap the home ATM machine (aka Home equity loans) and get the kids and the wife out working to get more cash and pump up margin. You got to bet the farm on this bull. Haha. right. :p (kidding in case somone can't tell). But the truth is this bull seems to be very determined...

You betcha - because VIX is going even lower and these "low" levels are going to be looked at as the "good ol days" for a while. So I am getting it while there is still premium to be had. Besides, "someone" has to make a market for all the buyers right? With the market not giving much motive to...

I have only traded credit spreads on the SPX but never a Bull Call Debit Spread (or Bear Put Debit Spread) on any ETF before. Can anyone tell me if there are any special or different margin requirement/ramifications that differ from a regular credit spread position? I guess what gets me...

Sounds like you got bit on an implied volatility contraction. The way to neutralize this is to short a position at a further out strike (AKA Bull Call Spread). It limits your total net potential but at least it balances the deck with offsetting IV and you get a shot at a fair return. It's...

The low vix is causing us credit spread/premium writers heart ache lately. Real intraday volatility is rather high (SPX) with up to around 1% daily up/down changes starting in the Oct period. This is my problem with VIX. It appears to be a high frequency filter based too much on option put/call...

Interesting data when looked at this way. Given all the recent intraday volatility I am beginning to think it may make more sense to play on the currently uncompensated volatility of SPX with stangles and straddles. Anyone trying pure long SPX stangles/straddles and making money lately? Any...

Its official 1394.31. Gap down and it followed today's market trends very well also. Not bad - it actually makes some logical sense this month. 'Cept, now the bulls look ready to run again just as I tried to pick up my Dec Bull Put credit spread portion of my new Dec IC. Bummer, I was within a...

Around noon est

Sorry you had a rough day OptonCoach. But I agree. This all kind of reminds me of the pimply face teenager who bragged to the school girls about the amazing thing that he had tucked away in his knickers. But after getting the attention of one of the curious girls and given the opportunity to...