Yup, Q27, that's the magic number.
Will go 100% on put at that price.
Usually I take position no more than 10 to 15% at a time, but this time I jumped in too early & too heavily, big mistake.
I read about 10 different articles on VIX this week, but by far that article by David is the BEST describing VIX.
Thank you so much for posting it here!
One part I didn't quite get though:
Remember, the market makers always make you buy high, and sell low. If the VIX is falling, and the put/call ratio is high, it means the market makers are selling low . That's not bullish, not by a long stretch.
What does it mean by "the market makers are selling low"?
If the VIX is low, then premium is also low, why MM wants to sell it low rather than at higher price?
Is this, David Nichols, the same person on "21st Century"??? |
