My option trades

[jeffalvinson]

Its amazing how bullish traders are. Even with 3 consecutive down days, the VIX has only moved 2-3 points up!
(see attached 5 day VIX chart)
"There just isn't any fear in the Bernanke backed market."

 

[atticus]

Quote from jeffalvinson:

Its amazing how bullish traders are. Even with 3 consecutive down days, the VIX has only moved 2-3 points up!
(see attached 5 day VIX chart)
"There just isn't any fear in the Bernanke backed market."

We've only fallen 25 handles from the high print. Var is low.

 

[jeffalvinson]

Any bets that the SPY makes it up to the Pivot Point (Brown Line)
by the close today? (see attached 5 day chart of SPY pivot points)

 

[newwurldmn]

Quote from atticus:

We've only fallen 25 handles from the high print. Var is low.

My vix "model" says spot vis is still a point too high.

 

[ForexForex]

Bought 10 contracts QQQ Mar29 2012 67.00 puts QQQ Mar 2012 67.00 puts @ $0.08. I'm going for a 10x return, markets are showing weakness.

 

[falconview]

I suppose after a couple of weeks and I get into trading Calendar´s with any success, I shall have to learn how to do risk control through gamma and vega adjusting? At the moment it is just a cloud on the horizon threatening rain.
I haven´t yet a clue!

 

[falconview]

Forex forex

How does the math work out on this?

.80 cents for the trade, $60 for the commissions? PUTS

Expires tomorrow?

That should be interesting.

I´m looking to buy CALLS next week.

 

[ForexForex]

Quote from falconview:

Forex forex

How does the math work out on this?

.80 cents for the trade, $60 for the commissions? PUTS

Expires tomorrow?

That should be interesting.

I´m looking to buy CALLS next week.

Total cost is $80.00 plus $35.00 commissions, expires tomorrow. I'm expecting a 1%+ pullback on the QQQ.

 

[Free Thinker]

Quote from jeffalvinson:

Its amazing how bullish traders are. Even with 3 consecutive down days, the VIX has only moved 2-3 points up!
(see attached 5 day VIX chart)
"There just isn't any fear in the Bernanke backed market."

dip buyers have been right everytime so far. you have to have them get burned once before fear can return.

 

[jeffalvinson]

Quote from ForexForex:

Total cost is $80.00 plus $35.00 commissions, expires tomorrow. I'm expecting a 1%+ pullback on the QQQ.

FF,

That trade would have cost you 10 X .50 = $5.00 commission with IB.
USD 0.05 =< Premium < USD 0.10 USD 0.50 per contract

Your eating a lot on this cheap option trades to excess commissions.