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Trade 95 Week Ending 31 August

Trade 95 Week Ending 31 August

Some Graphics To Pore Over, and a Great Exit for Trade 94 As we ALL know- don’t we, volatility rises when the market falls. It can rise when the market rises but it is a measure of the cost of risk. For premium sellers it is a thing of beauty, for those already short premium, […]

Trade 94 Week Ending 24 August

Trade 94 Week Ending 24 August

The Week That Time forgot Actually the whole of August has been pretty lame, for FTSE, though August 15th served us well with a 1.5% drop. August is the month when movers and shakers are away. The office cat is actually managing your funds! I like the ‘up day/down day‘ measure and August has 50% […]

Trade 93 Week Ending 17August

Trade 93 Week Ending 17August

What a Spikey Week! Big old vol spike on Wednesday. 5 consecutive down days (long overdue). And…. a terrific opportunity to double down with whatever position you like! I think this is more like it, though we may be heading back to that magnetic 7650 level. What do I know about levels? We’ll get to […]

Trade 92 Week Ending 10 August

Trade 92 Week Ending 10 August

Trade 92- we’ll get to that. Meanwhile, yet again the market went absolutley nowhere-we closed UP 3 points, despite the crazy at the end of the week. The dumb money moved in,and promptly scurried away. Cryptos? who the heck is losing their shirt currently? I don’t get it-might as well wet a finger and use […]

Trade 89 Nothing Like a Butterfly

Trade 89 Nothing Like a Butterfly

Limited But Almost Assured Upside? The usual media suspects are trotting out the usual line- earnings season, earnings beating expectations etc. I have no inside track but seriously?  Debt overwhelms any sort of growth. Why wouldn’t you borrow at 1% buy your own stock and make 5%? Company insiders know what’s going on but they […]

That Was The Week Ending 06July

That Was The Week Ending 06July

A Week of Economic Data A great free resource https://www.forexfactory.com/calendar.php and this: https://www.bls.gov Meanwhile in our own special corner of the globe, the FTSE’s volumes have dried up somewhat to around 600 million daily. We used to see 2 billion daily, long ago,but this time of year, the bosses go away. The junior manager left to oversee things […]

That Was The Week Ending 29June

That Was The Week Ending 29June

When The Market Goes Nowhere We’ve  dropped  some 40 points on the week but the uppy/downy allowed this trader to enter more positions. The more important value though is the VFTSE. For each of us the criteria may be different but on the whole, we sell more options than we buy when Vol is high. […]

Trade 85  Not Just 'Any Old Iron'

Trade 85 Not Just ‘Any Old Iron’

Trade 84- Nothing To Report With 26 days to expiry, Trade 84 is pretty much where we left it, so nothing to do but wait until we get near expiry. This is the natural cycle of events with options of course, where we use theta to our advantage. Time decay is no guarantee of trade […]

That Was The Week Ending18 May

That Was The Week Ending18 May

Not Unexpected Move For Expiry Week FTSE up yet another percent- though it had become a feature in 2017 for ‘down’ expiry weeks. I make no suggestion that the big market players were short, but were they? We now seem to be all guns blazing onwards and upwards. Who or what could derail this ? […]

Trade72 Volatility Spikes Don't Last

Trade72 Volatility Spikes Don’t Last

  Strangle- Naked, Mad, Bad and Dangerous to Know! Yes, a naked trade ! Normally we would never go naked but this is for demo purposes, and is a volatility play. As the VIX chart demonstrates we had a low base then a bump up to around 15,then big spikes up followed by big candles […]