Hi MC yes I was on a plane so caught up this afternoon... My non-directional trades are drifting nicely through this whipsawing at the moment, however they are about as exciting as watching paint dry. GLD, SLV, SPX (10deltas) and IBM calendars. I'll be full-time whilst away so will keep on learning and trading through these interesting times. What are your thoughts about the October IV skew Mark was talking about by the way? It seems important to factor it into one's $$ plan for sure? dP
Hi MC yes I was on a plane so caught up this afternoon... My non-directional trades are drifting nicely through this whipsawing at the moment, however they are about as exciting as watching paint dry.
ReplyDeleteGLD, SLV, SPX (10deltas) and IBM calendars.
I'll be full-time whilst away so will keep on learning and trading through these interesting times.
What are your thoughts about the October IV skew Mark was talking about by the way? It seems important to factor it into one's $$ plan for sure?
dP