more importantly here is that we have the resistance of the 20 day MA (already blew through the 50) after a sharp move up in a short amount of time. I would be afraid to be long here.
Well now that the VIX is down, you don't want to sell options. I would buy some puts as a hedge. Not a bad position to be in. I am losing on the time, the volatility and the position!
cool diablos. Thank you!
more importantly here is that we have the resistance of the 20 day MA (already blew through the 50) after a sharp move up in a short amount of time. I would be afraid to be long here.
http://www.youtube.com/watch?v=AEsAjYXlLuI
Don't believe so much in patterns. Probably why I am getting screwed!
Well now that the VIX is down, you don't want to sell options. I would buy some puts as a hedge. Not a bad position to be in. I am losing on the time, the volatility and the position!
Be very careful of the inv H&S playing out …. neckline at 117 – 117.15 – conservative tgt is 124 … nothing is sure yet …
Looks like they are going to make another run at it. After three trys I would have thought they would give it up.
In a quandry …. am long = but underwater as vix is getting sucked out of my options …. thinking of some protection – with 200 bucks in my account ..
i added may 114s but I would recommend doing the opposite of what I do!
Mon – what puts are you adding ?