Tempting to buy volatility or puts

That is possible and would be good for trading. I would not place that bet either. I like to stick to higher probability trades and stay away from gambling on events that are not common. In general, if stocks go up, option premiums go down.

1245

No. That's just not true.
 
With all that said, some of my models have VIX higher across all timeframes within the next year starting next week.

All in all should be interesting.
 
I am very tempted to short sp 500 , looks like a sure thing to me

FWIW I don't think a 'sure thing' exists in directional trading however I think we go higher here through the summer. Reason being lack of fundamental bad news out there, plus we have been grinding higher of late. IMO we have yet to reach a blow out top where the shorts get crushed and we get that vertical parabolic rise. I suspect we could print 2000 - 2200 in the S&P's and then a get a correction of 10%. Don't forget we are in a huge asset price bubble but politicians have made it clear they wont let anything fail they will just print, print, print. The only certainty is uncertainty.
 
I'm getting a little edgy now. We just go up every day and there is no fear. When it's too easy, it's time to look for the unexpected. I'm selling out 1/2 my longs at the close today, but not ready to get short.

1245
 
I'm getting a little edgy now. We just go up every day and there is no fear. When it's too easy, it's time to look for the unexpected. I'm selling out 1/2 my longs at the close today, but not ready to get short.

1245

Things are looking very toppy at this point, that's for sure.
 
I'm getting a little edgy now. We just go up every day and there is no fear. When it's too easy, it's time to look for the unexpected. I'm selling out 1/2 my longs at the close today, but not ready to get short.

1245

Markets climb a wall of "feeling edgy". :)
 
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