Most of our recent trade strategies have been long volatility structures. Whether that’s long outright calls or puts, long call spreads or put spreads, or long calendars, our trade structure selection is much different than …
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MorningWord 1/10/13: Comments from Warren Buffet regarding U.S. banks are getting a bit of play this morning as quotes from a recent Bloomberg News interview clearly reinforce his bullish stance on a sector from which he has received his …
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MorningWord 1/09/13: At RiskReversal, we pride ourselves in giving our readers the straight talk, in fact one of the reasons for the existence of this site is our disdain for the financial double talk that …
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MorningWord 1/08/13: Much like Vegas Bookies do their best to handicap the outcome of ballgames, options traders spend a good bit of their time four times a year (earnings season) focused on making wagers around the market’s perceived implied move …
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MorningWord 1/07/13: AAPL is trading down 1% in the pre-market as Barclays is the latest bulge bracket brokerage firm to lower out quarter estimates and their price target on AAPL despite slightly raising their Dec quarter which …
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MorningWord 1/04/13: The all important and much anticipated December Jobs report is out and……its basically in line to expectations and the unemployment rate remains unchanged, phewwww. The S&P futures don’t really know what to do (down 3 pts …
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With the VIX getting absolutely destroyed following the successful Fiscal Cliff deal in The Swamp, Dan and I started looking at ways to take advantage of a spot VIX in the mid 14s. The VIX …
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MorningWord 1/03/13: Just as most traders earlier in the week were eyeing the 1400 level in the SPX and the 200 day moving average on the downside at ~1390 as support, the market catapulted nearly 5% …
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MorningWord 1/02/13: The shenanigans in Washington over the last few months remind me a bit of my second semester senior year in college that started off with me doing a whole lot of nothing (good …
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The SPX index is up about 1.25% in the last week. Yet, VIX futures are close to unchanged in that time (and VIX spot is actually slightly higher). That’s rare price action, especially with the …
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