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Opex week


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#1 VolPivots

VolPivots

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Posted 14 July 2007 - 07:36 AM

if you trade the SPX. trapped shorts below looking to cover.....aggressive call buying putting a lid on the market. Fractal suggests rangebound and killing of premiums this week...fwiw, ocicbw, the usual caveats, etc

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#2 bliss just missed

bliss just missed

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Posted 14 July 2007 - 08:02 PM

if you trade the SPX. trapped shorts below looking to cover.....aggressive call buying putting a lid on the market. Fractal suggests rangebound and killing of premiums this week...fwiw, ocicbw, the usual caveats, etc

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Possible, but watch for a big markup Friday morning if momentum carries through the week. I would recommend you buy call options in the indexes late Wed/early Thurs if we get a pullback...risk/reward more favorable than selling puts imho. Good luck.