Friday, November 30, 2012


Bought 10 VXX Jan 30 calls at 2.58

Volatility as long time lows, especially my custom VOS indicator.

Holding 10 UUP Dec  Puts at 23, this one is pretty darn illiquid 1.06, 1.09 spread, trying to close out at 1.07, as I hate the theta burn and Dec 21 is far too close.

Also note that Dec 21 is the solstice, often a market mover, but with year end shenanigans it may get steamrolled this year in particular.

No comments:

Post a Comment

Insightful and Useful Comment!