Anyone scalping the FTSE Futures??

[SuddenDeath]

Dow +68 wonder if it can hold these gains to 9pm uk time? i suspect not

 

[hereward the wake]

That's it for me cya

 

[SuddenDeath]

DOW +80 now....going long and strong

thought dow would close flat to down today.

 

[SuddenDeath]

it might still

Dow/FTSE both above 100 daily ma

 

[SuddenDeath]

FTSE pivots for Thursday

Buy 5647
Sell 5637

FTSE close = 12,880

 

[barjon]

sorry guys - deserted you today what with one thing and another hope you've had a good one

 

[bustech]

Re: Top Contribution (Formatted)

And the rate this is going we'll soon need top contributors to 11K. Of course there will be no change in the top 5

Watch out Dow Jones.
And we wont crash.

 

[SuddenDeath]

from zerohedge

Hedging basic equity positions with options is nothing new. Buying Puts or selling calls to protect or enhance your position is not uncommon. The relative price that is paid (or received) for that protection is the implied volatility - it is the lever with which supply and demand for protection is turned (and is highly anti-correlated with equity movements). Strategies to hedge large equity positions have become more and more complex (as more and more complex instruments have become available).

One such strategy is to buy VIX calls against a long S&P 500 position - the best being that if the long equity position gets in trouble, VIX will rise and the call will lever that gain to offset MtM losses - i.e. a hedge. But VIX calls can be expensive and so, as we noted from Barclays, a more advanced strategy is to buy risk-reversals (long out-of-the-money VIX calls against short out-of-the-money VIX puts) which creates a 'synthetic long volatility position' to hedge the long equity underlying position. Given the leverage of the options, typically this has been done at 30% of notional to reduce the cost of the hedge.

Is This Why VIX Is Behaving So Strangely? | ZeroHedge

 

[bustech]

Re: Top Contribution (Formatted)

what does this mean?

Dow Jones = 12,910

Anyone scalping the FTSE Futures?? = 10,473

 

[bustech]

Morning All
BHP +2.30%
RIO +0.80%
Everything Up.
After the bell earnings pushed all futures up.
American Express reports 2Q EPS of $1.15 versus the consnsus for $1.10
IBM reports 2Q operating EPS of $3.51 versus $3.43 expected.
Only thing to watch is money starting to go back into the YEN.
30 to go

 

[SuddenDeath]

IBM up 5% on better earnings ....weighs 10% on dow...

QCOM up ....tomorrow GOOG and 24th AAPL

overnight markets so far firm...may continue to be firm for next few days except some euro or similar spanner in the works

Friday is Opex so interesting time ahead

samirs check the chart of MMM inv head shoulders b/out

 

[SuddenDeath]

morning bustech

 

[bustech]

morning bustech

Morning SD

Even the ASX 200 has broken out to the upside.

 

[hereward the wake]

Morning all

 

[bustech]

morning bustech....aussie also holding its overnight gains very well

so overall 'risk on' start

Morning Samirs

Hard to short the current market.

 

[SuddenDeath]

morning htw, morning all

what caused the US indices to rally at 2.30pm yesterday?

 

[SuddenDeath]

Dylan Grice's summer reading list

Grice – a renowned uber-bear who has topped Thomson Reuters Extel rankings as the best global strategist for each of the past two years – yesterday published a 17-page note listing his summer reading list to help take subscribers' minds off the endless rain.

Dylan Grice's summer reading list

 

[SuddenDeath]

yes...QE3, Chinese RRR cut and Bundestag vote are doing rumours

strong money flow to higher yield currencies and risk assets....

did the us housing data beat all expectations?

 

[SuddenDeath]

Bundesbank expected to buy australian dollars in 3Q

samirs i pointed out two days ago that audusd had broken above the100day ma,

100day ma was approx 1.0244

 

[bustech]

Bundesbank expected to buy australian dollars in 3Q

Investors chasing yield

Aussie and Kiwi dollar only majors left with a half decent yield.