How to view the entire chart:
1. Try clicking on the name of the most recent article in the column on the right. This will remove the "Archives" list.
2. Try right click on the chart itself and open it on a separate window.
I am sorry that I cannot always make the chart small enough to fit neatly on the left column. I want you to be able to see the details I want to point out.
I Hope this helps,
Juan
---------------------------------------
In my previous article, I posted my Elliott wave analysis on AMZN. You can take another look by downloading this PDF file.
http://homepage.mac.com/paperprofit1/.Public/AMZN.pdf
I am now showing you my trade on AMZN with modifications. This time, I am simply going to await your comments:
Be sure to examine the IV chart and comment on that too.
4 comments:
Hi Juan,
By making this adjustment, the risk graph colored lines are flattened for a wide range which makes this trade more of a volatility and negative delta play. Are you waiting for the stock to pull back more so you can sell some of your longer term puts like you did for your calls?
Sri
Sriram
The issue now becomes how is the IV going to behave.
I may even close the position, just because the IV for my longs is higher than that of the shorts.
I could also sell long-term puts as you suggest, but i don't have a bullish signal on AMZN yet.
I will keep you posted.
Juan,
I've been following your requirements for the PCCRC trades. You mention IV/SV ratio. I was unable to find anywhere the definition of SV. What is SV and where can I find it on a free charting service?
Thanks.
I use the IV/SV ratio with the high flier technique.
SV is statistica volatility of the underlying. I DO explain where to get the data in Platinum. Take the time to read my notes carefully.
If you do not have Platinum, this for of trading may be too difficult to do.
Post a Comment