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I feel that a risk to your position is a retreat to Bernanke's Line, with a lower volty (amplified with time left in options), and a little passge in time with costs some thetas. Long options are wasting assets (if you remove the intrinsic value).

That is quantitive --- quantitive does not mean some fancy charts of greeks. Good money management, and patience! One other point: Have you tried to see what you would have gotten had you used IWM or QQQ instead of SPY. My impression is that if you used IWM or QQQ (in that order) you...

It was a nice trade. Are you overstaying? Why you do not lock some profits? Theta might start working against you? There is no theta hedging? To hedge theta would imply selling option premium.

Last time, the Papadebtos learned when to vote: when the futures/markets are closed for trading.

If one excludes Germany, Poland, Turkey and Russia, it is over for western europe: older population, no colonies to exploit as in the past, debt, talent leaving overseas, immigrants not integrated, a dozen languages, no strategic natural resources.....

e/u within 3 pips from 1.44. If this is the end of today's e/u short covering, would it be felt in the stock market? It is 10:46AM in forex.

She did it according to the book! A retreat of 80 pips from 1.4320, and then a rise. Now at 1.4353. Let us see if she will stall, retreat, or pass the test. Things seem to depend on guys who draw lines, where they draw them, and where they place stops.

It seems to me that the market indices may be also be affected (more affected?) by other markets such as currencies. EUR/USD is at 1.4317 currently. I want to see it clear 1.44, which is only 0.5% higher if a bull leg were to develop, but I would not be surprised if (and I am actually...

The dollar strengthened across the board, and gold weakened after Fed's meeting. Why is this happening, and what are the markets trying to say?

Thanks for your response. I think you are very knowledgeable, and it was nice of you to answer. I have some questions in my mind as related to your answer. My intuition is telling me that I would need to buy volty in GLD and sell it in SPY (for a long SPY/GLD call) or vice versa, for the...

3:37PM (QQQ): Is the Fed-news selling done? QQQ at ~ the day's low + 0.01 3:55PM: It went a bit lower. I have a feeling this might be a trap for bears. What do you think guys?

Natural resources, a big country, military power, long history (but disorganized). Europe cannot ignore Russia.

According to a blog, it is at 5:35PM.

Interesting perspective. On the other hand, what if default effects travel to the other euro countries? It looks like the future of europe is in Russia, Turkey, Poland and Germany. The future of the other ones (including France) do not seem so bright. Britain must be happy for herself not...

Is it going to be at midnight, Athens time? Do you plan to share the news as soon as it is available? Which price would come first? 1.4275 or 1.4525? e/u at 1.44

Don't we also have the Fed meeting tomorrow?

I believe he understood that, and so most-likely did all readers of this thread. My understanding of his answer is that he was showing the door politely and intelligently, or at least not providing further food for a ..... to feed on.

It just spiked to 1.4420. Did they vote already?

They say that the vote is today, and I am wondering what effect it may have on eur/usd starting at current price of 1.4405. 1. If vote is yes (confidence in gov), what do you think it would happen to to eur/usd? 2. If vote is no, what do you think it would happen to eur/usd? My beliefs...

Shortie: my sense is that your VXX puts may have helped to hedge your SPY/GLD possible loss of volty. If yes, did you do it by design or accident? I bet it is by design.