“When volatility calls!”
When call spread premiums are high, you better get some movement, cuz if
you don’t you’re left “high & dry” with no place to run … and nothing says
that better than anything Cable, which today decided to take the day off, and
leave long volatility traders in the lurch … tomorrow may be different,
though, as the “Brexit” saga picks up steam in Britain tomorrow.
Oil for its part dead … can’t even muster a $1 range … price stuck between
OPEC+ member production cuts and slowing world demand for oil [read
worldwide depression] … as I’ve said recently, I’m gonna need to see the 20
Day Range MA start to move higher in oil to get back taking positions … it’s
still in the contraction process, and paying high oil call spread premiums
when nothing is going on is not a winning trade strategy.
We’ll see what tonight brings at the open for Cable & Cable / Yen, in terms of
premiums … it would be nice if NADEX got their act together and had better
market makers besides the one they got, which is their parent IG Group, and
actually reflect premium prices as it relates to volatility … “well, I can dream
can’t I”?
We’ll see what tomorrow brings … until tomorrow mi amigos
… Onward & Upward!!
-vegas
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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