Hi Jongo I haven't looked at this forum much, have been dabbling after a good run early Oct.
Thought you may be interested in this article with VIX etc. The last few days jump has been without precedence as far back as 2007 March when I first bought puts on ASX 200. Lost initially (too early as usual), The puts after oct 2007 came in well the market went up to 6800 we all know what happened after! http://www.mauldineconomics.com/the-10th-man/may-the-fourth
I have had some success on FLT (now out) SUN (Blackrock - the biggest fund manager sold out a large stake hence I shorted at $14.33 - still short) and a play up and down on MQA and MQG with their trading range.
So currently short SUN (floods in queensland and life insurance blowout) and WES for the long term from $44.
Closed my WOW shorts also under $30. Remember what I said about supermarket wars and my doscounts!).
Happy Christmas to you all off to Melbourne then Mandurah (locum) then Kalbarri with the kids 9 Jan. So just holding and not trading.
Shorts SUN WES only. Wil short MQA above $3.15 and MQG over $60 again. (if they get there.
The BEAR shares are doing well since I have lightened above $18.60 and bought back under $17.80 - a game I play as insurance for the final crash.
