Hedging ES

[sambazone]

You can loose lots on a bot straddle or vix if you choose if es does not move.. fly does not really hedge you.. there are no free solutions))

Diff expires plays no part as you will lift hedge along with es futures..also front month itm put has higher delta than otm put. so will loose money even faster))

 

[rsh01]

You can loose lots on a bot straddle or vix if you choose if es does not move.. fly does not really hedge you.. there are no free solutions))

yep understand. was just suggesting alternatives to what alex suggested.

if his QQQ cal spread/long ES trade makes money both ways.....why would you build that structure combo in the first place if you were directional trading to quote alex: "U r bullish on the market". ......is trade direction, if it doesnt go up, more likely, or as likely, to go sideways or the opposite way?.....and instead sell a bull put spread (among other trades) if you think sideways is more likely? and if you think the opposite direction is more likely (say after a long period of consolidation) than sideways then you are trading volatility....