A little more than a month ago, we highlighted the fairly simple inverse relationship btwn the SPX and the VIX (below) and how we saw things setting up in a not too different manner than …
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AAPL was the second-best performer in the SPX top 100 stocks yesterday, ending higher by 5.83% (NOV was up 5.91%). Even though AAPL has had an incredible 3 year run, yesterday was only the 11th …
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Equities had a fairly odd 5 trading days last week with some fairly massive divergences within 2 sectors that drove much of the upside in Q1, Tech and Financials. The SPX closed up about …
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Last week the SPX closed down about 2% on the 5 day session, the worst week of 2012, so far, while the VIX is in the midst of it’s largest rally off of a low …
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With the VIX around 15 and drifting lower on alot of recent days as the market makes new highs it seems a good time to discuss option premium and low vol environments. The first thing …
Continue readingTrade Update March 20th, 2011 at 2:01pm: Market doesn’t appear to budging today as banks and AAPL are doing what they know how to do best, lead our markets higher…..I just sold the March 17 …
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Here’s an interesting chart of the CBOE AAPL VIX. What it shows is how crazy things have been getting recently in AAPL. As the overall VIX has been getting smooshed as the market makes new …
Continue readingThe VIX is melting, trading at 14.63, down about 30% a week. This sort of price action on any sort of trade-able security/index catches my attention. The chart below shows the massive divergence btwn the SPX and …
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I got a few questions on what options positions should look like in a low vol environment like this. There’s a couple things going on with vol that I want to explain first. The first …
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With the SPX up 9.25% ytd off to its best start in 15 yrs, I think it could make sense to look for cheap ways to protect against a potential pull back in the market. …
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