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2017 Trading Thread 2017 Trading Thread

04-24-2017 , 09:50 PM
Quote:
Originally Posted by juan valdez
trumps tax talk gets everyone really excited. volatility got completely sucked out of the market today. if oil stops falling, its going to be a really rough time for bears imo
Yeah I don't ever remember seeing a vol crush this bad. From 15 to 10.8 - near all time record low - in one day.
04-25-2017 , 02:46 AM
Quote:
Originally Posted by ToothSayer
Yeah I don't ever remember seeing a vol crush this bad. From 15 to 10.8 - near all time record low - in one day.
I thought when the TARP got announced, it was the largest point drop and percentage drop... Guess it wasn't even top ten material percentage wise.

04-25-2017 , 05:10 AM
I guess selling volatility before events might be a good idea
04-25-2017 , 10:04 AM
Quote:
Originally Posted by juan valdez
trumps tax talk gets everyone really excited. volatility got completely sucked out of the market today. if oil stops falling, its going to be a really rough time for bears imo

personally i would wait for trump to trump the market with tax talk before buying puts
you are right, I pegged at as the best entry point being right about now, so i only got in a little so far, going to fire the next half bullet now , gl to me
04-25-2017 , 10:30 AM
Feels good to be low on loonies and high on usd. Could see the loonie really get smoked even farther. Would celebrate that.
04-25-2017 , 10:56 AM
Quote:
Originally Posted by ToothSayer
Yeah I don't ever remember seeing a vol crush this bad. From 15 to 10.8 - near all time record low - in one day.
yeah its interesting for sure. FXE iv rank was 100, obviously people lost faith in polls. i get that people are excited at the prospect of frexit not happening and a tax cut but approaching all time lows in vix while theres threats of using nukes being thrown around and government shutdown, i think being long vol after the market reacts to trumps speech is a no brainer
04-25-2017 , 11:29 AM
STRP bidding war is hilarious, this market doesn't give a ****.
04-25-2017 , 11:45 AM
Quote:
Originally Posted by ASAP17
Weren't there a few NFLX $150 or $75 first bets on here? Touched $149.90 in the AH after ER & now has violated the lows breached in the initial move down. Would be pretty hilarious if that becomes the short term top...
Gg guys, was a good battle but can't fight this bull market especially names that show any sort of growth. Minster squeeze intraday.
04-25-2017 , 12:10 PM
Bet was over nearly a year ago - it was a push if it didn't breach either after a year.

Fun sweat though.
04-25-2017 , 12:44 PM
Important lesson from names like CAT & MCD... Don't underestimate the power of an earnings trough. Both destroyed their estimates which had already been ratcheted up quite a bit over the past few quarters.
04-25-2017 , 01:12 PM
Quote:
Originally Posted by ASAP17
STRP bidding war is hilarious, this market doesn't give a ****.
Now Verizon blasting. Att has 5 days to respond.
04-25-2017 , 01:20 PM
Quote:
Originally Posted by Steiger
I guess selling volatility before events might be a good idea
it works until it goes horribly wrong... my buddy sold SPX vol right before the first bail out vote... that turned into a quick -250k loser real quick.
04-25-2017 , 01:39 PM
Quote:
Originally Posted by LittleGoliath
I'm very interested how the markets will react on the past/current events with the US & North-Korea on tuesday (and all the other geopolotical turmoil). It seems likely a (big) correction is right around the corner, no?
bump.

dip was indeed bought
04-25-2017 , 01:41 PM
Sears has been a great short over the past week and I'm not covering. Plan to add on any strength going forward. Just stock given the options are much more expensive to play.
04-25-2017 , 02:25 PM
Quote:
Originally Posted by SenatorKevin
it works until it goes horribly wrong... my buddy sold SPX vol right before the first bail out vote... that turned into a quick -250k loser real quick.
Poor risk management
04-25-2017 , 02:27 PM
Is anyone familiar with SPG? Large mall operator, which a large exposure to SHLD. Analysts seem to be pretty upbeat on them, even with the current headwinds.

Was reading over their annual report last night and you could make both a bull and bear case.
04-25-2017 , 02:41 PM
Quote:
Originally Posted by Steiger
Poor risk management
In hindsight sure. Selling VIX in the 40/50s at that time didn't seem all that crazy... His firm ate the loss and he was at another firm the next week.
04-25-2017 , 03:04 PM
Quote:
Originally Posted by SenatorKevin
Is anyone familiar with SPG? Large mall operator, which a large exposure to SHLD. Analysts seem to be pretty upbeat on them, even with the current headwinds.

Was reading over their annual report last night and you could make both a bull and bear case.
Check out SRG
04-25-2017 , 04:27 PM
are you guys aware there are places about 12,000,000x better to discuss investing than this nearly dead forum? why do you stay here, just familiar avatars?
04-25-2017 , 04:38 PM
Quote:
Originally Posted by ethbtc88
are you guys aware there are places about 12,000,000x better to discuss investing than this nearly dead forum? why do you stay here, just familiar avatars?
sucks for them, because there are some pretty smart dudes in this thread.
04-25-2017 , 04:41 PM
Quote:
Originally Posted by ethbtc88
are you guys aware there are places about 12,000,000x better to discuss investing than this nearly dead forum? why do you stay here, just familiar avatars?
Like?

Also there's some form of equity in just about everything.
04-25-2017 , 04:56 PM
Anyone looking at X?
04-25-2017 , 05:11 PM
Quote:
Originally Posted by ethbtc88
are you guys aware there are places about 12,000,000x better to discuss investing than this nearly dead forum? why do you stay here, just familiar avatars?
already on this site to begin with and the thin audience is actually a positive. quality post btw.
04-25-2017 , 05:12 PM
Quote:
Originally Posted by cicakman
Check out SRG
Thanks. Are you mentioning them because they are in the same space or do you have an opinion on them?
04-25-2017 , 05:25 PM
Quote:
Originally Posted by SenatorKevin
Is anyone familiar with SPG? Large mall operator, which a large exposure to SHLD. Analysts seem to be pretty upbeat on them, even with the current headwinds.

Was reading over their annual report last night and you could make both a bull and bear case.
Which analysts? Look for a trade I'm all ears especially on a flip but longer term the bear case is clear and the bull case isn't. The anchors are going away, it's inevitable and only a matter of when not if. What they decide to do with those spaces will decide their fates. Speciality stores will have much longer staying power so it's not all horrible news for them. Sears is going down & JCP appears to be right behind.

      
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