SPX Credit Spread Trader

Quote from scoobie27:

Sure the high vols let you go wfotm spreads for good premium. But looking at the chart in 2002, im sure the market still reached and threatened those strikes even though they were wfotm
More...

There were other premium strategies with better R/R than wtfotm that worked pretty good:)
 
Quote from LeonPhelps:

SPX off 0.5% already and VIX only up 0.09. Must be anticipating the rocket bounce to +2.0% eod.


:p
More...

Perhaps, or perhaps people weren't convinced by the last rally. You'll notice VIX has made higher lows on each rally.
 
Quote from momoneythansens:

You'll notice VIX has made higher lows on each rally.
More...

...or it is true what they say and the VIX has a floor somewhere around 10. IMO, SPX put premiums can only get so cheap. I cant imagine a scenerio where they are selling for nothing.
 
The drop today is helping my diagonals somewhat but need that VEGA spike. We are down almost 7 and the VIX is up .04, kind of perplexing isn't it? Can only take what the market gives us, right now I would like it to give me a VEGA spike to go with the drop :D.
 
SPX down 5, VIX down .12. Big rally must be coming! I'm going to lunch in a few minutes, I'm sure I will come back and SPX will be up 5-10 :p.
 
You must log in or register to reply here.
Back
Top