CL Redux

Quote from Visaria:

or maybe not :D

LOL i got fooled for about 30 seconds. Composite IV is 15.5 i'm covering those 90 puts I sold yesterday now. Just ain't worth the risk. If we get back to .60 I'll be buying more atm puts for sure for a double dip vega delta sundae.
 
It's days like this that make me love the art of trading. A beautiful example of the short term interacting with the long term. If we stay in this area overnight I'll be a biased bull looking for 97-98 area.
 

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