While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
So you want to be Risk On?
VIX looks like it's topped out here for a bit.
BUY the FEB 15 Puts for 45 cents.
This is the Bid side of the market and gives you upside exposure to Equities through next weeks data releases.
This is a 5% weighting. A few contracts can go a long way.
For Glossary of terms and abbreviations click here.