tag:blogger.com,1999:blog-5375291312433129989.post232995764356360539..comments2023-06-03T05:06:58.216-04:00Comments on The Lazy Trader: Weekend Portfolio Analysis (01-19-2013)Henrikhttp://www.blogger.com/profile/05792195649092816606noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5375291312433129989.post-59882641271057892832013-01-22T19:11:43.591-05:002013-01-22T19:11:43.591-05:00Thanks for your comments Jay! Yes, definitely a to...Thanks for your comments Jay! Yes, definitely a tough year for Option premium sellers. Will see, there's a long road ahead till the end of the year.The Lazy Traderhttps://www.blogger.com/profile/08598866019359750526noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-90716022175170260592013-01-22T10:28:33.422-05:002013-01-22T10:28:33.422-05:00I, for now, am out from selling calls until some b...I, for now, am out from selling calls until some bear signal bar appear or fundament change. This look to me a lot like market which is not exhausted yet and has room to move higher. It’s a result of unlimited QE. Fed is printing like there is no tomorow, same with BoJ today, and ECB is ready to buy junk government bonds en masse if necessary. SPY is poised to test all time high resistance this year and implied vol is lowest since 2007 resulting in extremely low option premium. That's really terrible market for naked call and credit call spread sellers. <br />Hopefully, you have enough cushion within your possition. Wish you to do well and thanks for this great blog! :)<br /><br />Jay<br />Anonymousnoreply@blogger.com