The Week That Was

The Week’s Action

FTSE cash index- 7547 open 7527 close high 7598.99 low 7449.73

FTSE    volatility- 10.83 open  9.85 close

What Trades Would Have Done well?

Strangle, straddle, short spreads, -basically selling premium as volatility has been counter to events. Theta(time decay) gets vicious this time in the cycle. Hard to trade these big events.

Market Volatility

High12  low 7.68-not a comfortable environment to sell premium. We are in a new paradigm


Enough events to rock the World- is the market smarter than all the media reporting?


Expectations of big moves were not met-have no expectations. Never,therefore, be disappointed!


Filed Under: Featured

About the Author: First found out about options in 1995.From the arcane magazine Exchange and Mart! First trade- a covered call on VOD in 1999. Made 10%,VOD almost doubled. That's when I realised I was not a good trader,and I was forgiven thanks to the amazing world of exchange traded options

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