All Entries in the "Strategies" Category
Trade 160 Week Ending 06December
Whoa! Bit of Action This Week. We saw dramatic moves this week, from 7400-7131 to 7240. Options prices reflected this, as Tuesday saw a big tumble and volatility spiked up. Personally I was looking to close out all positions for the upcoming election week. This created a delay until Friday FTSE arrived at my ‘sweet […]
Trade 159 Week Ending 29November
That Was The Week- Ups and Downs We gloss over the sad events in the news and focus on the finances. Politicians in the lamest ever assembly of lame duck politicians in a one legged race, will note the market trundles on regardless. I highlighted a while ago the massive open interest at 7500 calls. That […]
Trade158 Week Ending 22November Still Winning
That was the Week -Some Helpful Action We had another quick juicy win this week as the old crystal ball proves its worth. For the avoidance of doubt I have no idea where the market is headed. Traders should always understand there are way too many factors in play. We may have a vague notion […]
Trade 157 Week Ending15 November
That Was The Week When Nothing Happened Market watchers lament the death of volatility, and note the going-nowhereness of the UK market. However we see new highs in the US. Curiously our winning trades needed the drop.This was delivered, predicated on a strong pound/totally random unconnected events. Crazy times as we know a 100 point […]
Trade156 Week Ending 08Nov
That Was The Week -We Ground Higher, Then Dropped Impeachment, drop out MPs and yet the financial markets grind away. So the S&P up 23% FTSE 9% YTD. And we just saw the S&P hit an all time high. Life’s good-borrow for nothing buy the dips. What could go wrong? How about this? […]
Trade155 Week Ending 01November
That Was The Week So, a wiffle here a wiffle there- typical grinding away with no direction. However, most of the time markets go nowhere, but we don’t mind as we do not have to pick direction. So how can we profit from market inaction? Time decay favours those who are premium sellers. Though we […]
Trade154 Week Ending 25 October
That Was The Week Up 3%. While England Rugby Team Smite The Dark Lords Traders and Brexit watchers seem delighted with this week’s mayhem. So, kicking the can along the road is the number one game in town, yet again. How many times have we all thought, ‘I’ll hang on until the vote’. Thus […]
Trade 153 Week Ending 18 October, More Brexit.
The Week of Utter Bewilderment- again There are no words, it’s politics of the lowest calibre. Let’s stick with our trading. FTSE did have a blip up to save our trade 150, and then a trip down. However, 151 and it’s sister 152 did fabulous business.I had a disappointing quick put spread that did zip. Here’s […]
Trade 152 Week Ending 11 October
What a Week – High Drama Low Expectations So, Brexit, China/US trade talks…. or the FED? You decide. Buyers of GBPUSD got excited, as we saw from 1.2227 to 1.2703. A 3.9% jump. Curiously FTSE100 up just over 1% from 7160 this week -normally it moves counter to sterling. FTSE250 -well, as you can see! […]
Trade 151 Week Ending 04October
FTSE Warts an’ All And our German Counterparts Get This: VDAX- Who Knew? So, I understand this is new but it is sick making that the self proclaimed financial centre of the globe here, gives us a big fat zero. Traders may ponder quite what the VDAX means as an entity. This trader might […]
