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My name is Jeff Kohler, and I am an Option Addict. I make money in the options market. Don't believe me? Watch me.

 

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« Weekly Watchlist | Main | Another 4 Note Drop!!! »

Closing Bell: Comfortably Numb

It was an unbelievable week to say the least.

I had a bullish bias heading into this week, and even though a few days too early, I cleaned up on a few positions today.

All the risk, headlines, and government intervention did some really screwey things to the option market. Spreads were a joke, implied volatility literally climbed off charts, and puts prices have undergone a new makeover, as the short selling rules have now been changed.

I am heading for the door, but really want to hear a great tune for a day like today...


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