with the VIX now back just above 30, I noticed that the SPY Jan
108 Puts are trading for a buck, and the 109 are trading for
$1.1.
Those far below the Nov lows and at below the Oct close lows
quite a bit, so if think the market will make a higher low, those
are pretty good premium.
Those SPY Jan 108 puts which were trading at $1.1 on Dec 8th
that I mentioned are now trading at 0.16 cents. You can cover
for a nice profit if you want. I'm covering some of them
now
SPY puts
Posted by matt on 8th of Dec 2011 at 02:24 pm
with the VIX now back just above 30, I noticed that the SPY Jan 108 Puts are trading for a buck, and the 109 are trading for $1.1.
Those far below the Nov lows and at below the Oct close lows quite a bit, so if think the market will make a higher low, those are pretty good premium.
Those SPY Jan 108 puts
Posted by matt on 22nd of Dec 2011 at 03:37 pm
Those SPY Jan 108 puts which were trading at $1.1 on Dec 8th that I mentioned are now trading at 0.16 cents. You can cover for a nice profit if you want. I'm covering some of them now
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couple more trading days you can get ready to go long those puts??
Posted by zach06 on 22nd of Dec 2011 at 03:49 pm
not too shabby
Posted by dylan398 on 22nd of Dec 2011 at 03:42 pm
not too shabby
jan 109 puts
Posted by sbwoman on 8th of Dec 2011 at 04:16 pm
Matt, I sold some at a buck 20. Thanks (I hope, haha)
are you suggesting selling these
Posted by dylan398 on 8th of Dec 2011 at 03:07 pm
are you suggesting selling these puts?
If anyone sold the Jan
Posted by matt on 9th of Dec 2011 at 04:16 pm
If anyone sold the Jan 108 SPY puts yesterday for just over a buck, they are are now trading for about 60 cents, so a nice pullback