I am not a market timer

[Stachless]

But I am a bit of a gambler! (I have many non-mustachian vices)

With markets at all-time highs, volatility near all-time lows, and our (at least MY) President about to address congress for the very first time tonite....I can't resist picking up a few out-of-the money VIX options today.

It just seems too obvious to let this slip by.  Investing? No.  Gambling? YES!  Wish me luck anyway!

Happy Mardi Gras to all!

[runewell]

What's the difference?

The markets have known for some time that Trump is going to give a speech.  So unless he blurts out something unexpected, that should already be priced into the market.  (for all you EMH people)

[threefive]

So unless he blurts out something unexpected, that should already be priced into the market.  (for all you EMH people)

Some might even say that Trump blurting out something unexpected is also priced into the market, since there is a significantly greater than zero probability of that happening. But is it really unexpected when you expect someone to do something unexpected?

Mind. Blown.

[marty998]

So unless he blurts out something unexpected, that should already be priced into the market.  (for all you EMH people)

Some might even say that Trump blurting out something unexpected is also priced into the market, since there is a significantly greater than zero probability of that happening. But is it really unexpected when you expect someone to do something unexpected?

Mind. Blown.

I saw somewhere that the VIX index is currently the lowest it is for a very very long time.

It can't go negative, so I guess the only way is up regardless of who is in the White House?

[marty998]

So unless he blurts out something unexpected, that should already be priced into the market.  (for all you EMH people)

Some might even say that Trump blurting out something unexpected is also priced into the market, since there is a significantly greater than zero probability of that happening. But is it really unexpected when you expect someone to do something unexpected?

Mind. Blown.

I saw somewhere that the VIX index is currently the lowest it is for a very very long time.

It can't go negative, so I guess the only way is up regardless of who is in the White House?