Sunday, December 23, 2018

Delta Neutral Update... 12.23.18

Futures are all over the place Sunday evening as the fear index hits new highs.  Expect low volume but high volatility Monday (shortened session).  No hedging here just straight rules based delta neutral setups and remember to implement trailing stops once the limit stop trigger.  We're still looking for the high volume capitulation trade but until we see the NYAD at .10 or below that's unlikely to happen.  The govt. (partial) shutdown is not helping the risk outlook.
Tee DN trade remains the safest and laziest trade at this time....if you follow the rules.