If you're a premium seller, you're probably doing a bit of hand-sitting here (again) with VIX again at sub-12 levels. There are, however, a few things that could prove productive ... .
NVDA: With a six-month implied volatility rank of 85% and general background implied volatility of 55%, it's ripe for a volatility contraction play. They announce earnings on Thursday after market close, so I'll look to put on a play on Thursday sometime before NY close. I'll post setups as we get closer ... .
XRT: If you're looking to sell premium in the broad market or in sector exchange-traded funds, well, you're largely out of luck. XRT, however, is one with relatively high implied volatility rank/implied volatility such that it might be worth a play, but I'm not holding my breath. Last time I looked, my standard iron fly setup, 45 DTE, was paying a little more than 2.00 in credit at the door. It ain't great, but there isn't that much "great" in this market, currently.
VIX: Ugh. VIX term structure is awfully shallow here, with the first /VX future at >16 (barely) wayyyy out in May. These kinds of levels militate in favor of hand-sitting on any bearish assumption term structure trades until we can see a pop in spot.
NVDA: With a six-month implied volatility rank of 85% and general background implied volatility of 55%, it's ripe for a volatility contraction play. They announce earnings on Thursday after market close, so I'll look to put on a play on Thursday sometime before NY close. I'll post setups as we get closer ... .
XRT: If you're looking to sell premium in the broad market or in sector exchange-traded funds, well, you're largely out of luck. XRT, however, is one with relatively high implied volatility rank/implied volatility such that it might be worth a play, but I'm not holding my breath. Last time I looked, my standard iron fly setup, 45 DTE, was paying a little more than 2.00 in credit at the door. It ain't great, but there isn't that much "great" in this market, currently.
VIX: Ugh. VIX term structure is awfully shallow here, with the first /VX future at >16 (barely) wayyyy out in May. These kinds of levels militate in favor of hand-sitting on any bearish assumption term structure trades until we can see a pop in spot.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.