Learn the trade here. Make it on tradeMONSTER

DRJ's Blog

December 17, 2012

Great interview with Appaloosa Management's David Tepper on CNBC this am. Mr Tepper, whose fund has netted investors 30% annual compounded returns and grossed the firm 40% yearly spoke of call and put volatility levels as triggers for BUY and SELL within his fund.

This chart of the CBOE's VIX shows what he did as volatilities surged (He Bought) and as volatilities sank due to overconfidence (He Sold). This isn't Monday morning quarterbacking folks, he isn't just cherry picking and talking the talk, he walks the walk. Performance numbers don't lie, and this also points to why we at OptionMonster are so aggressive at highs and lows of volatility: 

 

 vol

Share this article with your friends


Welcome to my blog!

Premium Service Trial Offer

Sign up now for a FREE 2-WEEK TRIAL of one of our Premium Services.

Sign up today



HOW CAN I ENROLL IN
optionMONSTER EDUCATION?

As market makers, Jon ('DRJ') and Pete Najarian schooled countless young professionals. Now optionMONSTER offers a unique education program designed and led by our co-founders.

  • Learn at your speed, one-on-one
  • Gain from strategies and the Greeks
  • Cut out common mistakes
  • Identify and refine your trading style

To get started now, help us understand your investing goals. optionMONSTER will follow up with a private phone interview.

In consideration of your time, we'll send a free trading primer authored by Jon and Pete.

Apply Now
optionMONSTER stockMONSTER tradeMONSTER