With breakdowns below key support levels for both the S&P 500 Index (SPX), PowerShares QQQ (QQQ), along with several others, the time has come to get busy increasing hedge positions while adding a new SPDR Gold Shares (GLD) to the book.
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Volatility Trading Digest – Election Correction
Up until last week the correction appeared to be a normal retreat from the previous high made on September 14, but now the picture is less favorable from a technical perspective as the correction could be morphing into some more serious such as liquidation before the election. It could go either way, but we should have the answer this week.
Volatility Trading Digest – Introducing Volatility Kings
Anticipating 3Q earnings reports next month we updated our list of underlying stocks that in the past experienced significant increased options implied volatility going into their reporting dates
Volatility Trading Digest – Ben Delivers Again
For the third time we feature Ben delivering the goods.Once again Ben and the Federal Open Market Committee deliver a package that exceeded market expectations.