RSSAll Entries Tagged With: "ftse options trading"

Trade166 Week Ending 24Jan2020

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

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 162 Post Xmas Week Ending 27December

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 […]

Trade156 Week Ending 08Nov

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?       […]

Trade 147 Week Ending 30August  The PM's Lost It! Panic some more

Trade 147 Week Ending 30August The PM’s Lost It! Panic some more

That Was The Week Well, we saw panic as GBPUSD dropped 1% thanks to Bojo, then recovered to its previous level at 1.22. Curiously FTSE took a dive at the same time but then recovered, as everyone looked up from their screens and decided it’s political nonsense. I took a view that perhaps the PM had […]

Trade146- Yes, Panic! Orange Alert

Trade146- Yes, Panic! Orange Alert

A Reminder of What We Do -For New Readers As I talk with non-traders who have no idea about options, I’m in a bit of a dilemma. Sure I could go in all guns blazing-the Greeks etc. However I like the analogy of the insurance market. Options are a kind of insurance. Thus the options […]

Trade 141 Week Ending 19th July

Trade 141 Week Ending 19th July

That was the Week What Happened? Almost Nothing Apologies I will try to source VFTSE or an equivalent to give at least a flavour of market sentiment. It requires no Nobel prize to see that the market is not volatile. However-don’t you just love it when financial commentators talk about how volatile it’s been? Faisal […]

Trade 136 Week ending 14 June

Trade 136 Week ending 14 June

That Was The Week We saw FTSE rise again to the dizzying height of 7420, and back down to reality at 7345. So next week is expiry week and personal positions need the old ‘F’ down to 7300. We close out our Jun expiry cycle trades and show >10% profit on the month. This is a […]

Trade 135 Week Ending 7June

Trade 135 Week Ending 7June

That Was The Week FTSE Up almost 2.5% But,……………………………     SPX up 4.4% based on rumours of the FED softening and cutting rates. I think personally that they wanted to show how good things are when the commander-in-chief is out of the US! Actually bad news is good news. Good news is good news. Indifferent news is, […]

Trade134 Week Ending 31May

Trade134 Week Ending 31May

That Was The Week: So, we saw some more down moves, and perhaps a little more worrying, the US bond yields tumbling. Bond buyers are out in force. Risk off, as they say. Our week was shortened with public holidays as the month of May played the predictable role- ‘Sell in May’ a 3.46% decline […]