http://www.traders-t...howtopic=146411
Pay attention to my comments on the straddles SPX 500 and SPY 120.
Tomorrow is flash crashing time
Started by
q4wer
, Apr 18 2013 01:23 PM
7 replies to this topic
#2
q4wer
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Posted 18 April 2013 - 01:24 PM
Let me copy it here:
huge volume on SPY 120 Straddle,
and huge huge huge ......huge 41K deep deep in the money call in the SPX 500 straddle
I believe that they were sold to open, not buy to open.
They made profit for a down market, those are big guys ...
Remember that some one bet March VIX calls before, they closed on 2/25 on that dip hole. Big guys.
#3
fib_1618
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Posted 18 April 2013 - 01:33 PM
Sometimes traders are right, sometimes they're wrong, and sometimes it's just an insurance play.
Mechanically, dynamically, the odds of having any kind of "crash" here are in the low single digits.
This is just a simple consolidation with the added spice of OPEX...nothing more.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#4
dasein
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Posted 18 April 2013 - 01:55 PM
Mechanically, dynamically, the odds of having any kind of "crash" here are in the low single digits.
can you share the data on this and how you came to that conclusion?
as pointed out the odds for this weeks move in gold were microscopic - but still would like to know what you are looking at.
tia
best,
klh
klh
#5
selecto
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Posted 18 April 2013 - 03:08 PM
Based on my experience of some 13 years reading this board, the odds of a
"crash tomorrow" call here being correct are exactly 0. 
#6
andr99
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Posted 18 April 2013 - 03:14 PM
Based on my experience of some 13 years reading this board, the odds of a
"crash tomorrow" call here being correct are exactly 0.
Ok, but a question arises..............mechanically or dynamically ?
forever and only a V-E-N-E-T-K-E-N - langbard
#7
fib_1618
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Posted 18 April 2013 - 03:18 PM
And here I thought you changed after being absolutely wrong for so many years.Ok, but a question arises..............mechanically or dynamically ?
By the way...the odds are very good that there will be higher highs in the DAX once we're finished backing and filling.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#8
andr99
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Posted 18 April 2013 - 03:30 PM
And here I thought you changed after being absolutely wrong for so many years.
Are you talking about yourself ?
By the way...the odds are very good that there will be higher highs in the DAX once we're finished backing and filling.
Fib
Sure...........another right call of yours............a long series
BTW 1..........what does it mean ''mechanically and dynamically the odds are'' ? I was just joking about this involuted way of talking that means nothing to me.
BTW 2...........I know the laws of both mechanics and dynamics.........but still I don' t get what those words mean
Edited by andr99, 18 April 2013 - 03:36 PM.
forever and only a V-E-N-E-T-K-E-N - langbard
