TRENDING
Once upon a time I used to be an active stock and options trader. But then I discovered crypto currencies and never looked back… NOT!!! Actually trading stock options still is my bread & butter up to this day and I just so happen to be good at it.
One of the things I love the most about quant trading, and digging into the numbers, is how it can often lead you in completely unexpected directions, some of them with significant profit potential.
Here’s another golden rule of trading you will never hear in the financial mainstream media: The less information the market yields, the more participants will attempt to fill the resulting vacuum with noise. Which is exactly why market makers love the summer slump as it’s high season for selling over priced OTM calls and puts to hapless retail traders.
Implied volatility over the past few weeks has managed to blue-ball me worse than my first high school date. At least back then I finally got lucky on the third turn. But this attention whoring bitch tease of a market just keeps on making hot promises and then never puts out. That at least until yesterday afternoon when the FOMC – unexpectedly – put some fear of God into what has become a long term manic depressive but short term over complacent marketplace.
What Does It Take?
