Do You Believe in Santa?
Well, this is Volar, and I think I may be back sooner than latter.
I have not been around much for obvious reasons, but also, I have been buried in China research and at a few conferences.
In any case, I do not have much to show, but some charts caught my eye. Every Christmas ARCA and PHLX call buyers show up… and did they yesterday…
I do not have much of an opinion on anything right now, but figured I could at least drop some stuff by for the rats.
So first lets look at OCC (all equity options) calls – puts.
This is not predictive- it just shows that seasonality is hard to fight.
Also, given that I am lazy, SentimenTrader, did a nice piece on small options traders.
Little bastards are not bullish are they….
Also the implied correlation index is STILL high…
Talk about textbook….
Ok the last chart is a play I am in in DEC 12 Corn Options…. I think IV is breaking out…. and it should top near the report in January.
I should get back into things shortly- but keep in mind that I do not have much of a conviction on anything.
Have a great holiday and bank coin.
luck, unbiased trading,