400s? These were 98.57s about 30 cents off ATM at the open. It's the call side that's got the position down. It's alright though I'll just wait it out. If it continues to be a loser I close and accept.
To be fair the difference is we are speculators and not tasked with running monetary policy for the reserve currency and one of the biggest economies in the world.
I will be absolutely amazed if Yellen makes a single rate increase at any point in time. By the time we get around to it the market will either be shitting itself or some other issue will be coming up (China? Greece? Global macro?) and then they hold off with some weasely justification.
This is...
Closed my short NFLX puts. Hedged the call side. Currently about -800$ on the position overall. Will wait it out based on overall market and ridiculous climb. It might get worse but it'll get worse less.
Long VXN5 @ 13.550. This recent huge drop in vol is getting a bit ridiculous. If ES breaks 2120 then I'll be "glad" to admit wrong and close out if my stop isn't hit first.
If only CPO futures on CME had any volume... personally I'm not going out of my way to gain access to Bursa Malaysia... aside from that, any expected impact to Soybean Oil prices?
I said it before, this is a giant state-sanctioned wealth transfer - full on gambling parlor style.
Find a place to get short and short it when the time is right because this is guaranteed to implode beyond what it's already done.
"Surprisingly low retail numbers."
There's nothing surprising about it. It's only framed as a surprise because it doesn't fit their narrative of an improving economy. In reality its a stagnant economy, with a few gimmicks along the way, since 2001.
Realistically I can barely even think of anything within the last 20 years that politicians have sat down on and actually went right to the root of the problem and addressed it directly.
It is now the norm to continually just kick shit down the road until it's someone else's problem. That's...
It's not an issue because it's a minor annoyance for 5-10 minutes usually in the middle of a session where less is going on. If I used the HK servers it would probably be the same for US markets.