NaughtyPines

SPY -- GOING NOWHERE FAST; MID-MARCH TO PRESENT RANGE INTACT

FX:SPX500   S&P 500 index of US listed shares
We're still here ... . Locked in the same range we've been in since mid-March between 2040 and 2137 and basically, smack dab in the middle of that.

Unfortunately, the volatility here in SPY             at this moment is less than awe-inspiring (TOS 52-week at 22), with other index ETF's but modestly better ( DIA             , 36; QQQ             , 33; IWM             , 34).

Assuming a measure of volatility returns (to 35+), I'll be back in bearishly skewed SPY             iron condors with the same old strike prices: short call vert side at or above 214, short call vert side matched in a delta neutral fashion ... .

It's boring but that's where the market's at ... .

Note: I've opted to change to ThinkOrSwim's 52-week IVR             . This is because I frequently use Dough's "grid" feature, which sorts underlyings by TOS 52-week IVR            

Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out