1. VIX – 115K May 18/25 call spreads went up. Two weeks ago there was a purchase of 150K Apr 20/25 call spreads. Also someone bought 39K Apr 16 straddles and sold 28K Mar 16 …
Continue readingNTAP
Yesterday’s action was nothing short of disgusting, equities the world over got destroyed, crude oil was taken apart, yield on the 10 yr touched 2% (!) and of course Gold through the roof making new …
Continue reading3rd Update 10;27am: I am out of this position fully at .25 for break even excluding commissions. The likilihood of this thing coming back to above 35.25 is not great by tomorrow’s close. Use stops, the …
Continue readingNTAP $41.38 -Company reports their fiscal Q1 tonight after the close. -options market is currently implying about a 9.5% move (this has moved up in the last few days) vs the average move of about …
Continue reading