Learn the trade here. Make it on tradeMONSTER

DRJ's Blog

June 6, 2012

When we said the big trader top ticked the VIX with his/her sale of their July 25 calls on Monday, it seems that observation was dead balls on (technical term via My Cousin Vinny).

Look at the graphic below and you'll see the trader's exit at average price of $5.80 and the subsequent selloff to today's low of  $3.80.

This trader bought sub $2, so took about $3.80 out on 64,000 contracts or $24.32 million. That's a big BANG! 

 

 jj



Welcome to my blog!
Find us on your favorite social networking site

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 online products
InsideOptions™
  • 5 trading ideas / week
  • For skilled options traders
DETAILS
Open Order
  • 1 idea and newsletter / week
  • For rookie options traders
DETAILS
Income Strategist
  • 4 ideas and 1 webinar per month
  • For income-driven options traders
DETAILS


optionMONSTER stockMONSTER tradeMONSTER