The S&P has topped

The S&P has topped

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tommcginnis said:
The __dirt__ volatility has me bringing the bottom up, and the top down: *not* a happy man.

Waiting til maybe this time tomorrow (seeing where Apr28 finishes) before I put anything more on (besides filling in some holes here and there, and harvesting what appears to be in danger).

Would love to end today below 2385 (20pts below, 2405, curiously enough), but I'm not seeing it. I'm seeing 2380-2400, with an upside bias above our current 2390.

Time to go.
More...

BOY do I hate "The __dirt__ volatility..."
Positions on for May12 (2430/2355) are nickels and dimes now, but
May26 has 2430 on top and 2310s on bottom, and the 2430s are right where I sold 'em.

I believe that we will stair-step up again, much as we did when this thread started. Where to? 2430 (±5pts) Thusly, I'm a'shoppin'. Likely, I will start a "split/roll" where I move a topside position a strike or two north, and pay for it via moving a bottomside position similarly north (2350-ish). If I do it early enough (before Friday?) I can remain revenue neutral, not have to add any additional capital, and not get uncomfortably close. If I wait, I'll end up doing the same thing, but making up for less revenue by initiating farther-out positions earlier than I'd wish.

I HATE low vol. It's like Mr. Market is aiming the pocket change 'e drops to land *right*under* the steamroller's drum.....
 
coming back to this thread 2 months later. I recall some exchanges I had at the start. cant help stupid lol.

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