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Search: Posts Made By: MXASJ
Forum: Commodities May 20th, 2011, 10:23 PM
Replies: 184
Views: 42,291
Posted By MXASJ
Looks like VXSLV is indeed a decent proxy for SLV...

Looks like VXSLV is indeed a decent proxy for SLV IV. I'll be working on closing that short vol position next week. Have a great weekend everybody!
Forum: Commodities May 18th, 2011, 02:20 AM
Replies: 184
Views: 42,291
Posted By MXASJ
I'm still in the trade as neither profit target...

I'm still in the trade as neither profit target nor stop loss has been hit. It is taking longer than I wanted, but short premium == long theta so time is on my side. You are right about the IV... the...
Forum: Commodities May 17th, 2011, 10:37 PM
Replies: 184
Views: 42,291
Posted By MXASJ
... and a chart from TOS looking at IV and HV on...

... and a chart from TOS looking at IV and HV on SLV. Looks like that VXSLV index is a good proxy for IV, which means I now have a great quick-and-dirty way to access IV in Ninja.
Forum: Commodities May 17th, 2011, 10:10 PM
Replies: 184
Views: 42,291
Posted By MXASJ
Update on SLV vol. Just realized that IQFeed...

Update on SLV vol. Just realized that IQFeed supports many of the new CBOE VX series indexes on selected ETFs and Equities. Sort of a "VIX of SLV". URL: CBOE - Micro Site...
Forum: Commodities May 12th, 2011, 06:27 AM
Replies: 184
Views: 42,291
Posted By MXASJ
My short vol trade in silver = Good Trade Gone...

My short vol trade in silver = Good Trade Gone Bad :(
Forum: Commodities May 11th, 2011, 09:23 AM
Replies: 184
Views: 42,291
Posted By MXASJ
I don't know wtf I'm usually talking about...

I don't know wtf I'm usually talking about either. Look at the Blue Line in these charts. That's IV. When it gets silly high I sell it, normally on EEM but EFA has worked for me as well thanks to the...
Forum: Commodities May 11th, 2011, 01:50 AM
Replies: 184
Views: 42,291
Posted By MXASJ
Here you go. If you sold JUN 42 SLV PUTS last...

Here you go. If you sold JUN 42 SLV PUTS last Thursday and covered yesterday you would have done well, even after the cost of hedging.

My SLV vol trade is still on so I won't go into details, but...
Forum: Commodities May 11th, 2011, 01:29 AM
Replies: 184
Views: 42,291
Posted By MXASJ
Yes. It is called trading volatility. I'm short...

Yes. It is called trading volatility. I'm short puts and short SLV as of last Thursday. That bet is not on price direction, but in a decrease in how fast it moves (Close to Close) and therefore...
Forum: Commodities May 10th, 2011, 07:38 PM
Replies: 184
Views: 42,291
Posted By MXASJ
IV dropping nicely...

IV dropping nicely...
Forum: Commodities May 10th, 2011, 08:38 AM
Replies: 184
Views: 42,291
Posted By MXASJ
FWIW. Daily data as of 10 May. IV dropped...

FWIW. Daily data as of 10 May. IV dropped yesterday and should drop some more today if these pre market SI levels hold.
Forum: Commodities May 8th, 2011, 09:05 AM
Replies: 184
Views: 42,291
Posted By MXASJ
No it was because of the SLV short vol trade I...

No it was because of the SLV short vol trade I opened Thursday :).
Forum: Commodities May 5th, 2011, 07:35 PM
Replies: 184
Views: 42,291
Posted By MXASJ
FWIW the SLV options are extremely liquid these...

FWIW the SLV options are extremely liquid these days. If you don't want to tie up your cash with those futures margins and want to express an opinion in Silver with leverage, options are ... an...
Forum: Commodities May 4th, 2011, 11:25 PM
Replies: 184
Views: 42,291
Posted By MXASJ
Is it me or is the implied vol on SLV crazy?

Is it me or is the implied vol on SLV crazy?
Forum: Commodities May 3rd, 2011, 04:05 AM
Replies: 184
Views: 42,291
Posted By MXASJ
I believe "testicular fortitude" is a more polite...

I believe "testicular fortitude" is a more polite term. Also unaffected by cold weather ;).
Showing results 1 to 14 of 14

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