Further research shows it would have been a good time to buy back written options on AMP in the last few days, for example. The 21d hist vols was at its exact lowest point on fri and mon. Anybody that wrote a month ago could have rode the slide in volatility, and exited when volatility was at historic lows and bought back the position when in profit or at break even. The bottom line is 21d h volatility, and although we cant see the annoucement or the future direction, volatility was due to rise. I know its hindsight now, so I'll make 3 more calls. HV MAY peak soon, with another chance to write options and watch the vola slide. Buyers of amp options may only have a day or 2 to make profit.
Im sure this work can be disputed, and it does need fine tuning. As a matter of interest, it made similar calls on wbc, rio and qan today. All at lows in vola and due to rise, so buyers of options, especially hedged positions could benefit.
Dont do what I say, this is experimental, play your own game.
