When Vol is Neither Big nor small We sometimes like to go directional, but an outright purchase of options is…
Gentle Drift Lower for Vol. Gentle Drift Up For FTSE We closed out a long put for a handsome profit…
Catch Up on Previous Trades. Trade 74– weird and profitable. Remember it was a 2×3 selling the…
This Was The Trade: SELL the 7150 call @19.5 (230 OTM) and SELL the 6300 put @20 (620 points OTM). Credit 39.5.…
Some Housekeeping First: Trade 73 Another Victory For the record- Trade72 would still be underwater if we’d run as a…
FTSE Madness A curious week with Thursday’s action seeing the ‘F’ drop 50 points at the end of the day.…