All Entries Tagged With: "#put"
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
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 […]
Trade145 Week Ending 16 August- Don’t Panic!
That Was The Week The US got a bit crazy with that 3% drop on Wednesday. This trader thought there’d be a bounce and closed out what would have been the perfect long put position at 7200. However 30% of max profit is ok too. Traders nursing big losses in the recent turmoil […]
Trade144 Week Ending 09August- Content Added
That Was The Week So, from the precipitous drop as seen from the open on Monday to close on Friday, this was the tiniest move, with some major wobbles in between. Traders with a keen eye will have seen how small the volumes are. While we know it’s the silly season for the press,and the […]
Trade 143 Week Ending 02August
That was the Week- When The Markets Were Trumped by a Tweet Fooled By Randomness In a week that saw the market swoon from a dreary FED announcement, a bonkers Tweet and an innocuous non farm payrolls report. Instead of making idle coment I’d like to introduce a couple of things that caught my eye […]
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 138 Week Ending 28June
That Was The Week FTSE barely moved- up 18 and intraday moves ±0.5%. So, indecision is the order of the day but we may see some crazy next week. Trumpenomics tend to say one thing and then reverse. We were told that 5 key PMI indexes in the US were hitting lows not seen for 10 […]
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
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
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 […]
