by OptionPundit on July 30, 2010
For the past few days, Markets have shown amazing resilience to make a comeback from triple digit losses (I am referring to Dow) netting out no significant change. But one thing is for sure, intraday moves are becoming larger. So pls start to pay close attention to market internals. I don’t know which direction markets [...]
by OptionPundit on July 28, 2010
Pls allow me introduce you to Ms Vega. Ms Vega is my personification for Implied Volatility. As of this writing, there is almost 3% IV difference for SPY ATM options, VIX is at 24, VIX Oct futures are at 30, a 25% difference!! Though nothing is certain in the markets, this skew does indicate that [...]
by OptionPundit on July 12, 2010
We are on track for our 28th positive month of OPNewsletter phase-2, as of last Friday close OPNewsletter Jul 2010 portfolio is up +8.3% on the maximum investment of almost 60% of portfolio capital. We have started opening Aug 2010 portfolios and our first portfolio is already positive. Let’s talk consistency first, especially on trades [...]
by OptionPundit on July 6, 2010
What a week that it was!! It’s very easy to say “just what I said” and pat your shoulder but the tough part is to say now what’s next? How do I benefit from what’s coming? I shall share what I mentioned to OPNewsletter members last week- So fireworks happened in the afternoon trading… …today is [...]
by OptionPundit on May 19, 2010
Another turbulent and volatile period! Last week started with a huge gap up rally after EU announced a $1trillion bailout package but by weekend it was a different story. Now there are questions on how solid it was. The confidence barometer, Euro, is now 4 years low and maybe even headed for $ parity as [...]
by OptionPundit on March 30, 2010
Silgan Holdings Inc. (SLGN), a leading supplier of consumer goods packaging products, announced today that its Board of Directors declared a two-for-one stock split of the issued Common Stock of the Company, to be effected in the form of a stock dividend. Stockholders of record at the close of business on April 20, 2010 will [...]