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.
Sell 1/2 your Long Nov 14/16 call spread for 70 cents.
VIX is trading close to the 200 day mvg avg @ 14.40.
It's a good place to try and reduce our exposure and lock in some money.
Trade To Make Money
For Glossary of terms and abbreviations click here.