FOR WHOM THE GODS CHOOSE TO DESTROY

 

“Just another Monday after a weekend of bullshit!”  

I used to think it was greed, but now I’m convinced that whom the God’s 

choose to destroy, they first blind with government Apparatchiks telling them 

just what they want to hear … “and while they ROTFLMAO, they get supreme 

entertainment out of watching humans constantly believe the bullshit they throw 

at them like it’s slapstick comedy from “The Three Stooges” as serious group

think … why should today be any different”?

Oh yes, China trade talks … the du jour talking point and meme for the day, 

while masses huddle on TBTJ scumbag LP bank trading floors, to await the  

“coin flip” headline from Bloomberg as to whether it’s a green light to buy or 

sell, and then all hell can break loose until the next installment … meanwhile, 

financial derivatives are “frozen”, cuz until we get the “official” word from 

the “smartest people in the room” on how to interpret the “Trump/Xi dance”, 

we can’t possibly know which direction the money train is going to move 

… “thank goodness we have clueless Elites to let us know … huh”?

Over on NADEX, thanks to the last 2 weeks of bedlam that started on
Christmas Eve, the 8 AM EST. new batch of daily call spreads are so 

overpriced in the stock indices, you’d have to be literally insane to make a 

trade … “who’s gonna pay over 20 index points for something that can only go 

30 MAX at expiration, 8 ½ hours from now”? FX is dead, so what’s going to 

happen to make them come alive, so that the high premiums you pay for 

volatility can maybe allow you to break even? … “oh yea, china trade talks” 

 [snark].

Of course, NADEX doesn’t help matters on Monday’s, cuz their retarded biz 

model doesn’t open for regular trading until 3 AM EST Monday morning, 

instead of 6 PM EST Sunday night … so, everybody misses all of Asia and the 

pre European open for the early birds there … that has the effect of seeing 

pretty much everything on the board mispriced cuz markets have moved 

… so, we got that to deal with starting every week.

Afternoon in New York, and even with a 20 - 30 handle move in the SP500, the 

“synthetic straddle” in the 30 index point call spreads, priced at right around 

21 for the combo @ 8 AM EST, are now at around … wait for it … you guessed 

it, right around 21 … “and this is what happens when you overpay for shit that 

has no room to run … that doesn’t mean sell it, cuz as traders have seen pretty 

much everyday since Christmas Eve, volatility can roll you over as well 

… nothing like being right and breaking even or losing money … that feeling 

among traders always gives the warm & fuzzies”!

From our signals service perspective, it’s simply a waiting game for opportune 

pricing … that should come tonight, as today looks and feels like it’s gonna 

take some casualties from the “volatility at any price” crowd and give some 

decent trades once tonight rolls around for tomorrow’s settlements.

Until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

  

-vegas

OUR NADEX SIGNALS SERVICE IS UP & RUNNING … DAILY 

WTI CRUDE OIL SIGNALS & “VOLATILITY” STRATEGIES 

IN 20 OTHER MARKETS, INCLUDING COMMODITIES, FX, 

& STOCK INDICES! … “what on earth are you waiting for”?