convexx's "hitting bids and lifting offers" ETF options

[convexx]

SPY Sep26 132 in calls at 2.43 to the buy.

https://www.dropbox.com/s/a7dfkccesm50xby/2014-09-15_0804.png?dl=0

 

[convexx]

Naz Sep26 4000/4070/4105 132 calls. I traded this solely for the purposes of this journal. 17.00 to the buy.

https://www.dropbox.com/s/hut12rf9poxucnm/2014-09-15_0907.png?dl=0

https://www.dropbox.com/s/2nczth4ohfyoo9m/2014-09-15_0916.png?dl=0

 

[convexx]

The NDX spread is 16.3 mid. My fill was 17.00. Obv any trade that I take will express my actual fill. I could've lifted the offer in Qs at a slightly better fill, but this was filled 0.70 above mid in NDX. Mkts are very wide today with this vola.

 

[convexx]

Half-size In the FB Oct3 70/77/80 call 132 from 2.72 offer (2.57 mid):

https://www.dropbox.com/s/zpzm07jobldy7py/2014-09-15_1059.png?dl=0

 

[nomoremondays]

So is the premise to watch implied vols to signal direction in a stock? And then you buy call/puts?

 

[convexx]

So is the premise to watch implied vols to signal direction in a stock? And then you buy call/puts?

No, not at all.

 

[vanv0029]

Half-size In the FB Oct3 70/77/80 call 132 from 2.72 offer (2.57 mid):

https://www.dropbox.com/s/zpzm07jobldy7py/2014-09-15_1059.png?dl=0

I passed on the FB broken wing fly. I think this thread is great because once people learn basics
of an area the best way to continue learning is "type this" (do this). I am too old to try an FB fly
into a very possible 10% TSLA type landslide. I assume convexx still skies Squaw Valley
KT22 runs even with bad snow.

 

[convexx]

Surf's Price Darts are long, so this is good news for my positions, overall... until I get the Pile Driver.

 

[convexx]

VXX 231 in puts for this week. 1.41 to the buy. All trades will be assigned equal weight.

https://www.dropbox.com/s/8ohknst6lecz4ag/2014-09-15_0723.png?dl=0

Long one per fly in the 27C from 2.56 offer:

https://www.dropbox.com/s/lxoz57fesxhopv5/2014-09-16_0807.png?dl=0

 

[voltrader1]

Half-size In the FB Oct3 70/77/80 call 132 from 2.72 offer (2.57 mid):

https://www.dropbox.com/s/zpzm07jobldy7py/2014-09-15_1059.png?dl=0

3.56 mid currently