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Subject: | The Scam Market Is Where It Was 9 Months Ago |
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Date: | Thu, 3 Jan 2013 10:30:21 -0800 |
From: | Jas Jain |
The Scam Market Is Where It Was 9 Months Ago
I use a weighted average of NDX and SPX (COMB) to reflect my short positions. It is nearly unchanged over the past 9 months (see the attached graph). Lot of opportunities in selling out-of-the-money options in a sideways market with volatility.To protect against large downside moves I always keep a portfolio of long-term (Jan'2015) puts.
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