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Post by walnut on May 24, 2017 11:02:57 GMT -5
I didn't really know that
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Post by lasvegas77 on May 24, 2017 11:08:28 GMT -5
It gets compounded due to slippage of the leverage used.
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Post by Herceg on May 24, 2017 11:11:53 GMT -5
Mkt. Pulls back before FOMC. No reason to risk it.........JMO and BOL........
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Post by theMist on May 24, 2017 11:23:30 GMT -5
VXX 13.83 gives way and it looks to be filling the gap up from last Wednesday completely
Tuesday VXX HOD was 13.79
TVIX all time low 25
VXX all time low 13.55
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Post by lasvegas77 on May 24, 2017 11:34:36 GMT -5
I revise the decay statement as I was looking at another symbol's price. It's actually worse than i thought. vxx is still 2.4% higher than the low and tvix is about 1% off the low.
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Post by theMist on May 24, 2017 11:39:46 GMT -5
I revise the decay statement as I was looking at another symbol's price. It's actually worse than i thought. vxx is still 2.4% higher than the low and tvix is about 1% off the low. Glad I posted those all time lows I'll trust your math - Thx LV |
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Post by lasvegas77 on May 24, 2017 11:43:25 GMT -5
Certainly Mist.
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Post by theMist on May 24, 2017 11:59:29 GMT -5
Reminder -- FOMC minutes at 2pm EST
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Post by lasvegas77 on May 24, 2017 12:01:08 GMT -5
Tvix and vxx don't seem to want to wait for the minutes. Seems like it's testing out those lows very soon
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Post by lasvegas77 on May 24, 2017 12:03:09 GMT -5
Tvix is currently down over 10% for the week.
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Post by lasvegas77 on May 24, 2017 12:51:16 GMT -5
Tvix new all time lows hit 24.95
Last time a new low was reached was May 16.
Fedwatch shows 83% chance of a June rate hike prior to minutes released.
8.2% contango.
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Post by theMist on May 24, 2017 12:55:40 GMT -5
VXX just filled the gap to HOD on Tuesday at 13.79
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Post by lasvegas77 on May 24, 2017 12:57:19 GMT -5
VXX just filled the gap to HOD on Tuesday at 13.79 Soon, that gap will require a huge spike up to hit that again. Old support is new resistance. |
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Post by lasvegas77 on May 24, 2017 12:57:47 GMT -5
Did you trade today Mist?
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Post by theMist on May 24, 2017 13:04:54 GMT -5
Did you trade today Mist? yes, I short scalped and covered at 13.83 |
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Post by lasvegas77 on May 24, 2017 13:06:04 GMT -5
I see. Good job.
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Post by walnut on May 24, 2017 13:20:07 GMT -5
Mist you nailed it earlier when you said VXX headed to 13.68
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Post by lasvegas77 on May 24, 2017 13:28:38 GMT -5
13.68 is going in the rear view mirror my friends.
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Post by theMist on May 24, 2017 13:32:20 GMT -5
13.68 is going in the rear view mirror my friends. eventually it will, then 13, then 12, etc.... what I really want to know is whether or not VXX spikes to 20 before then  |
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Post by lasvegas77 on May 24, 2017 13:37:55 GMT -5
Contango says no. It's not hitting 20.
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