The Lunatic Fringe - Market and Trade Chat

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Zed said:
The world is broken...


.. for now.
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Zed said:
Ruh, ro.... IMF getting out in front of the news again!

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all these comments are spot on.

It's broken and they've been propping up the house of cards for decades.

It needs to collapse and clean out the dross.

Putin never threatened the world with nukes...

the MSM and the Deep State keep insisting that's what he did, but if you listen to Putin's words, nothing like that came out of his mouth.
 
Voodoo said:
Of course not, because obviously I just bought some. But there is a Certain bias by retail to be on the long side. Plus your article clearly said that was institutional Put buying. Can't have it both ways.
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Don't be stupid the situation is dynamic. It can easily change from one group to another. That previous chart shows you that trades under 100 puts where the majority of the volume at the time. There is no fund that buys 100 puts! That is a small retail account. You make these claims and you have absolutely no supporting data. Robinhood alone had a big influence on the options game.

Let's not forget that the options market is quite small and it only takes a small percentage of retail traders to be involved to change the dynamics. You are right in that most retail accounts don't trade puts however enough do to impact the relatively small options market.
 
For that matter there are very few funds that buy puts in 1000 lots. Hell when I was trading options regularly I was always in the 1000 - 50000 range. 100 is a tiny little Robin hood account. Even at my modest size liquidity was a problem in the options market down here and one of the reasons I gave the game in. Constantly facing off against market makers was pretty tough. They were mandated to provide a bid but it was always a crappy one!
 
Zed said:
@Voodoo how big was your options position?
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Like 60 puts but far OTM... QQQ puts clearly did better and I sold 1/3 to make them free. Also spread across several accounts. Hoping for some Hot, HOT numbers tomorrow of course. May not matter though.

Looks like some of the QQQ's are up to 0.15-0.2 Deltas, DIA only like 0.05 Delta, TLT about 0.1
 
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Silver & Gold USD pegged to the beginning of this bull market. % chart. Gold over silver implies upside over the mid/long term. Silver over gold is the time to get wary.

 
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