S&P 500 very close to intermediate term top

[mde2004]

Nice job to all the top callers over the past few days losing their ass noww.

 

[trade2learn]

Quote from ghostzapper:

Good one.

Only a paper trader would say that in a week that saw multiple 2% swings, that "volatility is down" .

At the time of your post, the consecutive 2% moves already happened. The volatility already rose. Your regression analysis "predicted" that it's going to rise this week- re: your posts earlier this week keep hammering that pt.

And volatility is DOWN this week compare to LAST week rather you are from planet Mars or not.

What's the R square on your regression? And which metric do you use if you don't use VIX?

If you don't trade VIX futures/option as volatility play on the market, what do you trade? Selling straddle on SPX option I suppose? Or do you call up GS desk and do a vol swap?

 

[Wayne Gibbous]

As short as James Stock/thorny/ghosty has claimed to be (top call after top call after top call...) for months and months and months...

Did he lose a "figure" or two from da Fund?

Just kidding thorny! You know we luv ya!


Good trading to all.

 

[atticus]

Time to buy the NDX July 1800/1900/2000 fly at 32. Look for 42 in a week.

 

[Wayne Gibbous]

?

 

[atticus]

Quote from trade2learn:

If you don't trade VIX futures/option as volatility play on the market, what do you trade? Selling straddle on SPX option I suppose? Or do you call up GS desk and do a vol swap?

Var swaps are done 50:1 over vol-swaps.

 

[hajimow]

Now it is 1:19 on Friday and market is up but don't be surprised if it closes in red.

 

[SiSePuede!]

Quote from hajimow:

Now it is 1:19 on Friday and market is up but don't be surprised if it closes in red.

Falling asleep here. Looks like reactions were muted shortly after the open. yawn.

 

[EqtTrdr]

no comments from ghostzipper?

 

[EqtTrdr]

no comments from ghostzipper?