Update SPY, June 26th at 10:45am – Sell SPY 132 calls at $0.75, a small loss: I am going to sell the calls I bought yesterday at 0.79 for 0.75 today, for a small loss. I …
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As I mentioned in this morning’s Macro Wrap, I expected the recent selloff to make new lows, and I am quite bearish on the 1-2 month outlook for markets as global recession fears escalate. Earnings …
Continue readingThe trend is your friend. You’ve probably heard it countless times, and I generally roll my eyes when I hear it myself. If only it were so simple. Where does the trend end and a …
Continue readingI like charts that cut through the noise. Because each and every day, we are confronted with endless headlines, news stories, and opinions, the vast majority of which are just random noise. For example, it …
Continue readingI was perusing the market for cheap options in case the European financial contagion continues to worsen, and I found my trade in the most unlikely of places: Canada. My first job as a trader …
Continue readingWe have had much debate here at Risk Reversal over the best way to present this topic. Implied Moves of events, usually earnings, are something we frequently mention and use, but they are at best …
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