August 12th, 2007

darylrs posted on 08/11/07 at 08:00 PM

My hunch is that things are going to stabilize.  I can't imagine more volatility than Friday and I took that opportunity to buy VIX August 25 Puts, for which I have a fairly tight stop loss on for tomorrow.  Seems, though, that if volatility goes down, option prices go down, so I'm curious as to how a VIX put behaves.
Also have MER August 75 Calls with a stop loss and DIA Aug 131 Calls.
I'm off this week, so have a chance to check on things fairly frequently.

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Posted by darylrs on 08/11/07 at 08:00 PM

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