Thursday, September 5, 2013

Interesting and Healthy Action

We have been seeing some really healthy action for traders of late. We have had two down moves in 2 months, higher vix, and lots of opportunity. I have been trading a huge amount with lots of positions, short delta, and good profits. I have sold lots of premium, shorted the markets, and I have gotten paid for it. However, what you guys don't read is how flexible I am with my positions and all the little trades that are done in between. However, as for a general opinion on the markets I like short S&P's on any rally, short premium in individual stocks, a mix of bearish and bullish delta positions in stock sectors, short bonds on every rally, short euro on every rally, long yen, long dollar, short oil, and short metals. As you have probably noticed there are a lot of shorts in there, but the long delta in my stock positions hedge stuff out, and they also generate good theta decay. So. my positions basically follow those opinions, and I am not going to get into those in depth. However, I will say that the S&P 500 has some way to fall as long as fear keeps coming into the market from news and volatility not pulling back much . So, again short the market on any rally, but I will be careful depending on the market moves. As for bonds, interest rates should continue to rise as fear rises and QE has less and less of an effect. The basic idea is the world is long bonds, but bonds have gone down and now everybody is trapped. Also, if you would think stocks should go up for this this will probably not be the case because the traders and investors in bond positions are probably a little shell shocked and unlikely to take much risk.So, obviously the buyers of stocks are in the stock market, but if we continue to fall it will be nasty.

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