The VIX sucketh

lindq · Nov 25, 2019

11/25/2019 -- Breaks below 12 for the first time in a year.

S2007S · Nov 25, 2019

lindq said:
11/25/2019 -- Breaks below 12 for the first time in a year.

Too much complacency.

Going to break soon.

trend2009 · Nov 25, 2019

that is why trump is detrimental to traders.

Overnight · Nov 25, 2019

lindq said:
11/25/2019 -- Breaks below 12 for the first time in a year.

Maybe it is time to long it?

Bekim · Nov 25, 2019

Sucks being long vega

dozu888 · Nov 25, 2019

vix is meaningless when it's low... my pro boys know options aint' worth nothing, just dump'em at any price.

dozu888 · Nov 25, 2019

S2007S said:
Too much complacency.

Going to break soon.

me think - VIX is a good measurement for nervousness, but not for complacency.

when VIX is high the dumb money is nervous, the market is busy.... heck, why is this even needed, you can see on the price directly.

when VIX is low, you can call it complacency, but by who? option market makers are not dumb money - they know the plan of their own trading houses and at least according to their plan the options don't worth nothing.

trend2009 · Nov 25, 2019

dozu888 said:
me think - VIX is a good measurement for nervousness, but not for complacency.

when VIX is high the dumb money is nervous, the market is busy.... heck, why is this even needed, you can see on the price directly.

when VIX is low, you can call it complacency, but by who? option market makers are not dumb money - they know the plan of their own trading houses and at least according to their plan the options don't worth nothing.

so what is your suggestion in current low vol environment? buy or sell options?

dozu888 · Nov 25, 2019

trend2009 said:
so what is your suggestion in current low vol environment? buy or sell options?

I'd be lying to say I know options... long term investment I already said AAPL top is $1000.... short term trading at the moment there is not much of a set up... we are too far away from the Jan earning run, and xmas rally is not a sure thing considering we've been up a bit already.

1 thing caught my eye is AMZN it's been pressed down for accumulation but them boys prolly gonna give it a go into during the shopping season.

dozu888 · Dec 26, 2019

dozu888 said:
I'd be lying to say I know options... long term investment I already said AAPL top is $1000.... short term trading at the moment there is not much of a set up... we are too far away from the Jan earning run, and xmas rally is not a sure thing considering we've been up a bit already.

1 thing caught my eye is AMZN it's been pressed down for accumulation but them boys prolly gonna give it a go into during the shopping season.

well... amzn lol