1. SINA – earnings today after the bell. Almost triple the average option volume with just under 60K options trading. Most trading was in the Feb22 weekly 50 puts and 57.5 calls, so a little …
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Update and New Trade Aug 17th, 2012: Back in mid July when the spot VIX was testing the March lows at the previous market top, Enis and I both wanted to buy short dated calls …
Continue readingWe think investors the world over are entirely too complacent for the for the following reasons (to name just a few): 1) U.S. macro growth data continues to come in weaker each month, which is catching …
Continue readingMarketwatch Housing starts for January rose 1.5% to a seasonally adjusted annual rate of 699,000, according to an estimate from the Census Bureau and the Department of Housing and Urban Development. Economists polled by MarketWatch …
Continue readingDan and I have been thinking alot recently on the best ways to play marketwide volatility. Dan has had some success recently in trading options in the VXX, but also taken some pain on on …
Continue readingOn Friday I posted on VXX, thought VIX at 15 was just stupid, I bought some VERY short dated VXX calls the Apr21 Weekly calls for .37 (actually lower as a I bought them all …
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