Implied fair value gap averages shown by grey box on top and bottom in the SL area. Expecting price to hit one of the two areas then move back towards the mid line center in green tp area iFVG is purple lines
We can estimate with a 86.2% confidence that the volatility for today is going to be below 2.95% For this the market will stay within TOP 170.91 BOT 161.12 At the same time We can estimate with a 81% confidence that the volatility for today is going move more than 0.44% For this the market will stay above the TOP 166.75 BOT 165.28 From the fundamental point of...
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This is a great example of a chart that I would choose to sell an option rather than buy an option. Looking at the historical pattern of this stock, it is sitting in a nice range, so I will look for premium above 490 to sell. Stocks with higher implied volatility paired with weekly options make a great pair to sell options! Read why at www.shecantrade.com
Thought id put a piece out as my guide for the week for how to trade the 23rd UK EU Referendum vote. IMO the first rule and most important is - DONT TRADE THE VOTE. Trying to guess the answer is like trying to win the lottery, so instead i advise taking a position on the volatility , as volatility doesnt discriminate, it trades both ways. Trading the...