Well, some people like getting the business. I just use the VIX options (UVXY, VXX, VIX) to hedge long index positions and, whenever the underlying spikes, I will fade those spikes with long puts.
Am I reading the press right that they may do a 30:1 split? Ultimately would be bullish, no, as it would open the door to the masses buying NFLX .... how long might it be from now until they get a split done?
hola maranamv, I'm just an options trader, I have made some money trading call spreads on PBR and EWZ in the last couple months. I am thinking that we could see PBR fall back to $6.xx when audited earnings finally come out, so I might trade some put spreads to try to catch that. It's really too cheap, though. Otherwise, I'm with the plagiarist jerrymathers & would advise anyone to buy stock on the dips. A guy I work with bought the stock around $6.00 on my advice and I have been telling him to sell if it sees $8, there is a good chance he could reload lower...Good luck to you.
I just scanned through the weekly chart candles all the way back to the fund inception: the last two weeks are the largest 2-week move down for TLT ever. If the coming week prints a $2 red candle, that will be the largest 3-week down move, right next to Jan 2009. I'm in a put spread w/ 2/20 expiry, just six bits from glory, need a green candle. Looks like a good time to buy TLT, ya'll.
hey, I didn't thumb you down. This last two weeks is one of the biggest down moves I see on the weekly chart going back years. I like trading weekly diagonal spreads on TLT precisely because it makes pretty well-behaved moves. Do you think it will put on another $5+ drop next week? I need to see some green candles, badly, but I'd have to bet on momentum continuation to the downside...
well, good luck, merenkov. I am just an options trader, in/out of trades in 2 weeks to 2 months, but I think another massive, protracted round of QE (ECB's this time) will tend to push down low-yield assets. Plenty of wild cards, though, and a another Greek tragicomedy could derail the ECB's plans.
TA is always worth a look. As often wrong as not. If there be no more scary news out of the Eurozone, Ukraine, etc, and as ECB's massive QE gets underway, I'd expect to see UST's continue to fall. I'd expect to see this steep drop in TLT continue into March until it finds consolidation, ranging between $115-$120. It could drift down from there in Q2, below $110 by the time the Fed does the first funds rate hike in June....