Boiler Room: The Official Stock Market Discussion

[Ohene]

Are you saying I should load up on SPY puts again?

depends on whats said today

I'm still a bull ... i think the SPY will be at new highs after earnings season but I'm not buying calls yet

 

[Ohene]

tempted to gamble on some calls before 2/230

 

[Ohene]

puts are MAAAAAAAAAAAAAD expensive right now...about 50% higher than calls going by the volatility

 

[Ohene]

August 21 expiry
SPY Call - 210 Strike

bought 5 at about $4.20 each

 

[Ohene]

added some july calls too. willing to lose $4-500

 

[Domingo Halliburton]

what's the DV01 on the Fed's bond portfolio?

 

[Ohene]

the volatility
lord help me

 

[Donald J Trump]

I don't know anything about Puts and Calls

 

[Ohene]

july options sold for $170 profit
august ones still held. $200 profit open

 

[Ohene]

August position closed for $170 profit
Cant be mad...made $350 usd in 20 minutes

 

[Ohene]

21 gun salute to whoever shorted put options though. they were way too expensive

 

[Domingo Halliburton]

complete reversal in the US dollar. I don't really know what traders were thinking earlier.

 

[ADevilYouKhow]

Rate hike September then?

 

[Domingo Halliburton]

Rate hike September then?

sounds like it until we get a bad jobs report.

now that I look at Fed Funds Futures, the market thinks there's a 22% chance in September. 62% chance before meetings in December.

 

[ADevilYouKhow]

sounds like it until we get a bad jobs report.

now that I look at Fed Funds Futures, the market thinks there's a 22% chance in September. 62% chance before meetings in December.

Thanks