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
Opex week
Started by
VolPivots
, Jul 14 2007 07:36 AM
1 reply to this topic
#1
Posted 14 July 2007 - 07:36 AM
#2
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
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.