Short Subjects - 1st day of the month, VXX, The Law of Large Numbers, Levitation, etc

By Lawrence G. McMillan

For a market that has been rather dull and steady, there certainly seems to be a large number of interesting items to talk and write about.  So, this week, we’re going to address a number of these because I think they could all be important at one point or another in the coming weeks and months, as this market tries to determine its major direction.

Some of the topics to be discussed are the length of time that the broad market has traded tightly and uniformly upward (and what that means for the future); a revisiting of the “first day of the month” trading system; some new products at the CBOE; a potential trade in our recently-developed “VXX trading system”; and other topics related to the markets and/or to volatility...

Get the entire Short Subjects issue (published on 3/8/12) including the following articles by subscribing to The Option Strategist Newsletter:

• The “First Day of the Month” Trading System
• New At The CBOE ($VXEWZ)
• The Law Of Large Numbers: An Editorial
• Levitation