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.
We're filled and now Long ... Nov 13 VIX 14/16 call spread for 55 cents.
I like the idea of having a balanced book, so putting this spread back on going?into the Fed release tomorrow is a no brainer for those that are long.
It also happens to be a cheap way to play for a Wednesday surprise.
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