All Entries Tagged With: "#put"
Week Ending 03 April
That Was The Week You’d have to applaud the powers that be as the market has not gone into total meltdown. So, does that mean they have priced in the risk? No. Nobody can make a market other than by putting out hugely wide spreads and seeing who bites. And yet-volumes have ramped up since […]
Trade Zero 0.3 Week Ending 27 March
That Was The Week Oh my! Mr. Market made mighty swings in a week that went from <5000 to >5800. Seems a little futile talking % up or down. We can learn very little from this market as the drivers are so peculiar. Central bankers are pouring untold amounts into markets. Many countries have ramped […]
COVID-19 Means Closing Out and No Trades For Now
There may be a break in our weekly missives due to the virus. We sincerely hope our readers are ok with their trades. There is no way to quantify the effects of this virus and it would be churlish to talk up the markets. Stay safe, and for those not clear about trade […]
Trade 170 Week Ending 21 February
That Was The Week FTSE Dipped Toes, and Shrank Back From the Water’s Edge No dives this week. Those awful puns just keep coming! Our financial news is so confusing with so much ‘good’. Yet AAPL and Nasdaq taking a 2%+ hit as COVID-19 takes its toll on production in China. We know of UK […]
Trade 169 Week Ending 14th ♥ February
That Was The Week Not Much To Report So, the buyers jumped in with both feet, clutching sweaty fivers. Nobody knows why-given the unquantifiable risk of COVID-19 (maybe they think they have the’ inside’ track). However we know the market does nothing for a good reason. S&P and Nasdaq hit record highs. I read an […]
Trade 168 Week Ending 07February
That Was The Week- A Big Up, Ending on a Sour Note The unknown that is coronavirus is now looking a little more ominous. This trader finds the market’s arrogance staggering. With no possible way to quantify this risk, how could the so-called bulls buy like it’s 1999? Up almost 3% until Friday. We saw […]
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, […]
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 […]
