Did you trade any Russell?
The speaker did not trade any Russell. They mentioned trading NASDAQ and S&Ps, being long gold, short silver, and short micron. They also mentioned buying Netflix premarket and selling it out.
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The speaker did not trade any Russell. They mentioned trading NASDAQ and S&Ps, being long gold, short silver, and short micron. They also mentioned buying Netflix premarket and selling it out.
The speaker discusses selling puts in the Q's, 45-day SI puts, and NQ futures, but the answer is not fully provided in the transcript.
The speaker is skeptical about single stock futures, noting their rocky history and past failures. They mention that these futures have not worked well in the past and are unlikely to succeed again, despite the CME's attempts. The speaker also notes that the CFTC does not allow the CME to offer them directly, but other firms can.
The speaker states that they have not heard of hourly expiration options coming anytime soon, but if they do, they would not be surprised. They suggest that if they are introduced, they should be cash-settled and not settle to stock.
The speaker is uncertain and suggests that the futures might be outdated, indicating a need to verify the correct expiration date for the gold futures being traded.
The notional size is 100 shares of stock for the standard version and 10 shares for the micro version.
The speaker states that there is almost no difference between SPX and XSP in terms of movement and speed. Therefore, the choice between the two is largely irrelevant, and the focus should be on the strategy itself. The trader suggests that the key is to choose the one that allows for faster profit realization, but this is not guaranteed.
The absence of an instrument that measures upside skew, similar to the VIX, is attributed to the complexity of creating such a tool. The VIX measures fear and volatility, while an upside skew instrument would need to capture complacency or market confidence. The challenge lies in designing an index that resets monthly, which could affect its reliability. Additionally, the market's efficiency and the diversity of instruments make it difficult to create a standardized measure for upside skew.