tag:blogger.com,1999:blog-4049167043965640947.post1201731417876422094..comments2022-06-05T13:28:32.605-07:00Comments on Option Trading: 03/10 Daily SummaryGustavo's Tradeshttp://www.blogger.com/profile/10318651374855413975noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4049167043965640947.post-9230502310923043182010-03-11T05:46:54.339-08:002010-03-11T05:46:54.339-08:00Hi there, thank you! I totally agree with both you...Hi there, thank you! I totally agree with both your observations..<br /><br />I've been watching this light volume situation for quite a few days now, and have that thinking in the back of my mind regarding the big money and when they'll make their play...<br /><br />So far, getting in the butterflies has been fairly easy, but I have a feeling that getting out might be a different story. NDX is fairly liquid, but the spreads on the butterfly order are huge, so who knows where the real mid is? :)<br /><br />So, for now, it has been a wait and see, not to mention hedging the up-side for two weeks in a row.. <br /><br />GustavoGustavo's Tradeshttps://www.blogger.com/profile/10318651374855413975noreply@blogger.comtag:blogger.com,1999:blog-4049167043965640947.post-15538320425091775992010-03-11T04:38:14.385-08:002010-03-11T04:38:14.385-08:00Hi. The market is very strange right now. Very li...Hi. The market is very strange right now. Very light volume squeezing the shorts. I am short a couple of positions right now. Big Institutions have not made their plays yet. Strange activity too on the VXX with massive buying the last couple of days. I expect a correction here and have exited all my longs<br /><br /> I do look at the Mcclellen Oscillator though for the general market conditions <br /><br />My experience with butterflies is that the more liquid the product the easier it is to get out. Getting in is never seems to be a problem. I will work an order sometimes for most of the morning.PBER57https://www.blogger.com/profile/03064360080158808456noreply@blogger.com