Trading the Indices

Question

We are setting up for a 2-3 month correction (8%-10%) in late July/August/September/ early October. Expect the volatility to pick up in the next month. I was going to buy weekly puts and july puts this week on the DIA/RUT/SPX.. But my timeframe has changed. I am waiting a bit longer -remember DOGMA KILLS/stay flexible as your time frame should change with the market (we need a correction doesn't mean we will get one). I have rode this wave up the last several years. 2014 and 2015 will be the stock picker years. No longer will you be able to buy and hold options in Indices and expect a huge return. Good luck to all. As volatility picks up remember that a pull back will take months....

Caper03 · Answer

We are setting up for a 2-3 month correction (8%-10%) in late July/August/September/ early October. Expect the volatility to pick up in the next month. I was going to buy weekly puts and july puts this week on the DIA/RUT/SPX.. But my timeframe has changed. I am waiting a bit longer -remember DOGMA KILLS/stay flexible as your time frame should change with the market (we need a correction doesn't mean we will get one). I have rode this wave up the last several years. 2014 and 2015 will be the stock picker years. No longer will you be able to buy and hold options in Indices and expect a huge return. Good luck to all. As volatility picks up remember that a pull back will take months....

Caper03 · Answer

Interest rates are still relatively low. This should translate in to higher corporate profits. Guidance will be key this coming earnings..

Caper03 · Answer

I personally bought some vix - stop @ roughly 11.25

Trading the Indices

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