The first 15 minutes of trading revealed a heavy tilt towards call option trading with the put/call under 0.40. Considering VIX up at 40 and put/call low, it suggested that bulls were buying calls or perhaps just bears were hedging their shorts with calls, in either case it meant that optimism was greater than pessimism and prices headed lower sharply from that first 15-minute reading. I couldn't get a post going on this blog in time, and I myself even missed the trade.
Given the uncertainty over the Gov't bailout package, it has nerves on high tension.
Stay posted for high potential, hopefully low-risk trades.
1:27PM Monday
108.92 DIA.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment