S&P 500 & Nasdaq Analysis and Trends

[AZ123]

Thanks Chris.

I got the August 22.5 Put at 1.00 and the August 55 Call at .85. Nothing amazing, but not horrible for the current bid/ask spreads.

I suppose I care most about *my* strangle, but if any strangle has a better chance of making money, I'd be interested.

I do believe that the price swing will be drastic enough to offset even a 30-40% loss in I/V. Though, that is me being hopeful.

I guess I can't see *all* of the I/V coming out as then both the puts and the calls would simply sink even if we had huge price action.

I spoke with the judge's secretary today on the phone and she said the judge will be charging the jury on Friday...so we're almost there.

Thanks again for your thoughts. :)