Tuesday, May 31, 2011

Reference to OTM put at market close on May 31.

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The first losing month after 8 winning months in a row.

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Tuesday, May 10, 2011

Options price is based on underlining’s price and underlining’s volatility

June 17 136 call is still 15% away from its April 27 COB price while SPY is already back to that level.

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Friday, May 06, 2011

Sweet Option’s bid/ask spread

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May 20 (front month) put spread.  133/134 spread’s bid/ask spread is too sweet.  P= 0.37.  I bet on May 20, SPY will be above 133.

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same. SPY will not be above 137 on May 20.

Spread price at 15:59 on expiration day

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Gap fill question: Should the price spike be considered valid?

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Wednesday, May 04, 2011

SPY vs FXC and $USD

Past 30 years USD index

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from Dec 2009 to April 2010.  This reverse relationship stopped for a while.

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RSI Pop (long only) using calls combined with calls writing

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