Another All Time High-Ho hum

Another all-time high on S&P 500 today, along with an all-time low on the VXX. Enough said. 

Can talk valuations, Tobin Q, P/S ratios, etc, but frankly it doesn't really seem to matter...until it does. 

Portfolio added a long put position out in June...options getting cheap cheap cheap!!

Party On!

Posted to Options & Volatility on May 18, 2015 — 4:05 PM

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