Would you happen to have any data on who usually ends up being
right on this? I know that in commodities it usually ends up
being large commercials (and I tend to assume the same in ES), but
with so many options/ hedging products out there I wonder if the
relationship still holds. I'm asking because I really don't
know the answer and it seems like a pretty important one.
The implied volatility of SPX options is the lowest its been in
years. I wouldn't describe any sale right now as "easy
income". Why did you go out farther in time? Likely because the
premium for shorter term options simply wasn't there. Not
saying you won't be right. Just that option premium is "dirt cheap"
compared to the last few YEARS.
why not cover the downside and buy the $5 put for .06 ticks.
or...pay .08 for the feb 6.5 p. I was a an options market
maker on the floor of the COMEX and NYBOT for many years and have
seen crazier things happen. LOL. Plus, you free up capital
and can do more!
One word about UNG - like USO, these assets are subject to
"decay" in the sense that they are ETFs that maintain futures
positions and as such are continually forced to roll each both.
Therefore, they are constantly buy more expensive contracts and
selling out cheaper ones. Has to do with contracts being in
contango vs backwardation (This is my understanding of it at
least. Please feel free to elaborate/correct!)
I use Option Alpha for automated option trades. But it's
definitely a work in progress and not altogether that useful for
this type of trading (yet). But certainly has the potential
to be in the future.
Because different people have different ways of getting long-
via SPY options, SPX options, ES futures or options, ETFs
etc. Matt gives us information that allows us to make decisions
about how we wish to trade. It works.
The community is delayed by three days for non registered users.
Thanks jonesy - appreciate the take.
Posted by pep8261 on 5th of Jun 2023 at 01:44 pm
Thanks jonesy -
appreciate the take.
Would you happen to have
Posted by pep8261 on 5th of Jun 2023 at 12:38 pm
Would you happen to have any data on who usually ends up being right on this? I know that in commodities it usually ends up being large commercials (and I tend to assume the same in ES), but with so many options/ hedging products out there I wonder if the relationship still holds. I'm asking because I really don't know the answer and it seems like a pretty important one.
nice!
(Correction) SPX short calls - get em while they're hot! ...
Posted by pep8261 on 17th of Apr 2023 at 12:14 pm
nice!
The implied volatility of SPX
(Correction) SPX short calls - get em while they're hot! ...
Posted by pep8261 on 17th of Apr 2023 at 12:03 pm
The implied volatility of SPX options is the lowest its been in years. I wouldn't describe any sale right now as "easy income". Why did you go out farther in time? Likely because the premium for shorter term options simply wasn't there. Not saying you won't be right. Just that option premium is "dirt cheap" compared to the last few YEARS.
NYC
If we sell down into the Fed decision, i will ...
Posted by pep8261 on 22nd of Mar 2023 at 12:53 pm
https://www.lx.com/community/nyc-crime-rates-how-dangerous-is-new-york-city/51473/
https://original.newsbreak.com/@new-york-culture-1589125/2466367786001-scary-nyc-crime-statistics-from-the-80s-vs-crime-rates-today
lx.com
Is Crime in NYC Actually Soaring? 2022 Rates in Perspective – LX
Are NYC crime rates really soaring? Reports of violent crimes and shootings have the city on-edge—but what do actual New York City crime stats indicate?
SWVXX and BIL
Hello BPT- Where are people parking cash between trades ...
Posted by pep8261 on 21st of Mar 2023 at 07:03 pm
SWVXX and BIL
ive asked it to code
Chat GPT Tradestation?
Posted by pep8261 on 16th of Feb 2023 at 02:23 pm
ive asked it to code EasyLanguage (tradestation) but came back with errors (for which it apologized-lol)
Still open - says it
ES systems. Is the DVDS system still open or not? ...
Posted by pep8261 on 6th of Feb 2023 at 11:58 am
Still open - says it on the chart in the Systems tab.
why not cover the downside
Speaking of Natural Gas ... it can be a king ...
Posted by pep8261 on 1st of Feb 2023 at 01:24 pm
why not cover the downside and buy the $5 put for .06 ticks. or...pay .08 for the feb 6.5 p. I was a an options market maker on the floor of the COMEX and NYBOT for many years and have seen crazier things happen. LOL. Plus, you free up capital and can do more!
One word about UNG - like USO, these assets are subject to "decay" in the sense that they are ETFs that maintain futures positions and as such are continually forced to roll each both. Therefore, they are constantly buy more expensive contracts and selling out cheaper ones. Has to do with contracts being in contango vs backwardation (This is my understanding of it at least. Please feel free to elaborate/correct!)
https://seekingalpha.com/article/4254908-uso-and-ung-worst-etfs-in-world
seekingalpha.com
USO And UNG: The Worst ETFs In The World (NYSEARCA:UNG) | Seeking Alpha
The United States Oil Fund ETF and the United States Natural Gas Fund ETF were among the hottest products on Wall Street when they were started in the mid-2000s.
too late - im in
UNG - Natty getting coiled .... watching for a bounce
Posted by pep8261 on 27th of Jan 2023 at 10:57 am
too late - im in it's web!
At least I'll be able to heat my pool if it doesn't work out. LOL
Feb futures expire today btw
NG .15 off the low
Posted by pep8261 on 26th of Jan 2023 at 01:18 pm
Feb futures expire today btw
really is the "widow-maker". jeez.
U.S NATURAL GAS STORAGE ACTUAL: -91B VS -82B PREVIOUS; EST ...
Posted by pep8261 on 26th of Jan 2023 at 11:17 am
really is the "widow-maker". jeez.
https://www.nytimes.com/2022/11/06/us/politics/irs-agents-fact-check.html
Volatility rising? Probably a good thing to remember that ...
Posted by pep8261 on 14th of Jan 2023 at 04:26 pm
https://www.nytimes.com/2022/11/06/us/politics/irs-agents-fact-check.html
nytimes.com
Fact-Checking the Misleading Claim About 87,000 Tax Agents - The New York Times
The claim, which has been debunked numerous times, has resurged ahead of the midterm elections. Here’s why it’s still wrong.
I use Option Alpha for
reversion to mean systems that are short
Posted by pep8261 on 13th of Jan 2023 at 02:09 pm
I use Option Alpha for automated option trades. But it's definitely a work in progress and not altogether that useful for this type of trading (yet). But certainly has the potential to be in the future.
Yes- Orthodox Christmas. Or they
KREMLIN: RUSSIA WILL DECLARE A TRUCE WITH UKRAINE FROM 1200 ...
Posted by pep8261 on 5th of Jan 2023 at 10:49 am
Yes- Orthodox Christmas. Or they ran out of ammo.
Because different people have different
Important: ES bear long DID NOT go long
Posted by pep8261 on 19th of Dec 2022 at 06:41 pm
Because different people have different ways of getting long- via SPY options, SPX options, ES futures or options, ETFs etc. Matt gives us information that allows us to make decisions about how we wish to trade. It works.
Hey Matt- Is there a
Posted by pep8261 on 30th of Nov 2022 at 09:39 pm
Hey Matt- Is there a Stochastic Short system triggering on ES?
Yeah- because they only had
Russian Defence Ministry: No Strikes Against Targets Near Ukraine-Poland Border ...
Posted by pep8261 on 15th of Nov 2022 at 03:07 pm
Yeah- because they only had Iranian and North Korean ones. LOL
SOURCE Express UK
Russian missiles hit Poland
Posted by pep8261 on 15th of Nov 2022 at 01:52 pm
SOURCE Express UK
Is it possible that ES
Posted by pep8261 on 28th of Oct 2022 at 02:02 pm
Is it possible that ES Strap Short will enter today?