“Hmmm, it was filled up a second ago!”
They priced volatility to the max last night, and then crushed it like a bug
today. NADEX Call Spreads losing premium right out of the opening all day,
especially GBPJPY. Even EURJPY, which had a low opening spread to begin
with, can’t make any headway, the cross putting in a lousy 55 PIP range and
now sitting right in the middle … “WTF has happened to EURJPY VIX? It’s
simply shit, and has been for awhile now … occasionally a good day comes, but
then ranges rapidly dwindle back for days on end”.
Crude Oil catching a bid today, and I’m having a rough time figuring out why
… it’s basically the only market moving, but it waited to the NYSE open
… why? … since then it’s tapered off some, but getting a handle on this
market has been difficult, especially since the binaries move rapidly at the
first hint of a rally. I’ve got some algo work to do in capturing the optimal
time for binary buys/sells in this market.
decision is key … if they don’t pause rates, this complex is toast.
So, kind of a wait and see day, with very little going on outside of the gold
rally. And speaking of gold, I’m looking at the binaries for trading, but we
need to see slightly better trading conditions for that to happen.
Onto tomorrow, where I’m hoping call spread premiums can be reasonable
tonight … we just happen to be in a week where a lot of SHTF is taking place,
and markets are literally afraid of the potential outcomes … yes, volatility
gets priced in, but until events are known markets aren’t going to respond at
all. It’s just something we got to live with this week and hope for the best
… I’m outta here … 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”?
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