Oil: I call short term bottom right here

[volente_00]

Quote from riskarb:

Nah, I rarely sell -skew, so calls on index are out. However I did get short a bit on the close. Will add tomorrow.

When you say short you are implying just slightly short but still hedged correct ?

 

[Longhorns]

Quote from volente_00:

Perhaps the mod was wrong.

I think you may have missed a quote from WR (that was deleted by the mod) and assumed he was referencing me.

 

[volente_00]

Quote from Longhorns:

I think you may have missed a quote from WR (that was deleted by the mod) and assumed he was referencing me.

My apology if I was wrong, but you did post a personal attack at the end of your post and a personal attack is what the mod is speaking of in the thread.

 

[Longhorns]

Quote from volente_00:

My apology if I was wrong, I'll find out if that is what happened.

No apologies necessary, just a simple mistake.

 

[Longhorns]

Quote from volente_00:

My apology if I was wrong, but you did post a personal attack at the end of your post and a personal attack is what the mod is speaking of in the thread.

Not a personal attack.....just an attack on a "short term" call that you tried to take credit for over three months later. Let's just drop it and move forward.

Longhorns out.

 

[volente_00]

Let's talk oil.


My theory is all of the money coming out of oil the past week or so is what is helping push the indices higher.

 

[ilx100]

Hey, If you guys are betting against RM Ill take some of that action.

Ill even give you 2 to 1 odds

Ill put up 20k to your 10k as long as its deposited with an agreed upon escrow agent as outlined by RM in his previous post

20k is five figures

anyone?

 

[riskarb]

Quote from volente_00:

When you say short you are implying just slightly short but still hedged correct ?

Short ES, long a no touch barrier below spot. ES position is larger than the barrier option. IOW, the barrier is the hedge against my short ES.

Short ES from close // long an SPX no touch struck at 1305/7-day. Net-short 50 ES. Barrier premium covers 7 or 8 ES points.

 

[volente_00]

Quote from Longhorns:

Not a personal attack.....just an attack on a "short term" call that you tried to take credit for over three months later. Let's just drop it and move forward.

Longhorns out.

The S&P has rallied nearly 100 since I posted that. I have taken at least 8 to 10 times that amount out of ES strictly day trading since then. Which would you rather have 100 or 800 points ?

 

[volente_00]

Any thoughts on oil risk ?