All Entries in the "Strategies" Category
Trade166 Week Ending 24Jan2020
That Was The Week- Some Movement and a VIX Pop Volatility, sadly, is not reflected in UK options with .30 delta put trading at 12% vol. during Thursday’s plummet. So what’s going on? Massive open interest for the 7800 call. We are all a bit tame elsewhere for February expiry. Global medical scares in the […]
Trade 165 Week Ending 17th January
Another Dreary Week For a Volatility Hungry Trader Up again- another 1%+.Quelle surprise mes amis (just using up the last quota before Brexit means no French words allowed). So Brexit looms nobody gives a monkey’s, to coin a phrase. Our esteemed chancellor casually mentioned that businesses may find the ground a ‘tad shaky’. However,nobody cares. […]
Trade 164 Week ending 10 January
Another Week of Nothing- Are We Exhausted? Perhaps a great many folk are still on leave. Arch enemies USA and Iran squared up to each other but it all fizzled out. Commentators are saying the market is in imminent danger– NOT. Retailers are in decline and partners in John Lewis may not get their bonus, […]
Trade163 Week Ending 03Jan 2020(really????)
The Week of Going Nowhere FTSE’s inertia was hardly surprising given a quiet week for trading and tiny volumes. We ‘take stock’ with each new year and this new decade is a big milestone. Ten years ago we saw FTSE at 5413, up about 40%. The nation’s debt is up 80% So, if the UK […]
Trade 162 Post Xmas Week Ending 27December
That Was The Week- Another Bump Up Fellow traders-is anyone seriously short here? We have now seen 11 consecutive up days. I believe the running count of up/down to be 134 up against 114 down. That, for my money, is a little skewed but with only 2 remaining trading days it’s of little value. The […]
Xmas Week- We’ll Be Back With Trade 162
Impeachment, Election, Global Environmental Issues New Governor at B of E,Interest Rates -All This Week- Phew! (Eu)phoria- see what I did there? I believe we had a big old bump out of boredom. Politics- we’re all worn out. Interest rate? No change, yet again. The planet? Hard to process the immensity of ongoing disasters, deeply […]
Trade161 Week Ending Friday 13th December
That Was The Week We were awestruck at the movement of the FTSE250, at one point up >5%. The listings on this index are the more local businesses, and reflect the UK economy more so that the FTSE100. Boris, it seems, has inspired the money people. Exuberance or smart money? I believe there is a whole groundswell […]
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 […]
