The ACD Method

Mav,
What do you do (if anything) after a binary event causes a major gap during the Month .. do you establish a new OR post event ? Or is that whole month's lines useless ?
 
Mav,
What do you do (if anything) after a binary event causes a major gap during the Month .. do you establish a new OR post event ? Or is that whole month's lines useless ?

Simple, trade off the weekly and intra-day levels. Weekly's work outstanding on huge gap events.
 
Mav, how to you trade HO and RB?

Options volume for HO is tiny and Bid-Ask spreads ridiculous, and the ETF is not optionable.

With RB the front month options at least have some volume and better spreads, whilst UGA options have decent volume.
 
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