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Post by walnut on Aug 31, 2017 10:39:11 GMT -5
CNBC -- Steve Mnuchin talking tax reform I was instead looking at Sara Eisen, perhaps the prettiest girl on tv
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Post by walnut on Aug 31, 2017 10:40:35 GMT -5
That VXX rising support still seems to be real...
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Post by theMist on Aug 31, 2017 11:11:58 GMT -5
CNBC -- Steve Mnuchin talking tax reform I was instead looking at Sara Eisen, perhaps the prettiest girl on tv That's not a girl! That's a woman!
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Post by clinton on Aug 31, 2017 11:41:55 GMT -5
its starting
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Post by lasvegas77 on Aug 31, 2017 11:59:19 GMT -5
21% roll yield is the highest i have seen on the vix and futures in a long time.
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Post by theMist on Aug 31, 2017 12:07:56 GMT -5
21% roll yield is the highest i have seen on the vix and futures in a long time. assuming things will stay around the same -- that number drops drastically after sept expiry
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Post by lasvegas77 on Aug 31, 2017 12:13:29 GMT -5
In the meantime, the vix etns will do what they normally do.
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Post by theMist on Aug 31, 2017 12:25:05 GMT -5
Be careful LV- I thought I saw a picture of Chubby with a TVIX superhero costume on lol
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Post by lasvegas77 on Aug 31, 2017 13:02:14 GMT -5
How long do you think it will take to get back to your August peaks guys? I still have a ways to go but have improved really well from the lows. Thinking it may be a couple of weeks of active trading or one really good week of holding.
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Post by lasvegas77 on Aug 31, 2017 13:03:30 GMT -5
By the way, my IRA with Fidelity buying xiv long and scottrade accounts shorting vxx are at new peaks. It's my primary account that got hurt very badly but getting close to a manageable loss.
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Post by theMist on Aug 31, 2017 13:19:44 GMT -5
I still have more to recoup as well LV
Might get one more push lower in VIX SCAMs before a big spike But I think you'd agree that after Sept. expiry will be dangerous
I personally wouldn't chance holding staying short VIX SCAMs overnight for next week or so
I see downside as limited and risk/reward not worth it
IMO
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Post by lasvegas77 on Aug 31, 2017 13:21:51 GMT -5
The market will have plenty of liquidity for the job numbers tomorrow.
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Post by theMist on Aug 31, 2017 13:32:49 GMT -5
VXX looks like headed to 46.32 candle
talk to you guys later
GL ALL
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Post by lasvegas77 on Aug 31, 2017 13:54:45 GMT -5
are you still holding vxx long Mist?
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Post by theMist on Aug 31, 2017 13:59:09 GMT -5
are you still holding vxx long Mist? no stopped out earlier very small loss Looks like VXX headed to 46.32 Looks like market turmoil some time in September And those VXX moving avgs are still bullish (20, 50)
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Post by theMist on Aug 31, 2017 14:05:15 GMT -5
LV - are you going to take stabs at playing bear side after Sept. expiry?
Assuming vix futures pretty much stay the same
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Post by lasvegas77 on Aug 31, 2017 14:11:23 GMT -5
Doubtful. If i was going to do it id buy call options on vxx though.
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Post by theMist on Aug 31, 2017 14:12:49 GMT -5
Doubtful. If i was going to do it id buy call options on vxx though. If we do get a big selloff mid september - you can make a ton of $$ Could be mixed basket of shorting TNA, UPRO, UDOW, FAS and going bullish volatility
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Post by lasvegas77 on Aug 31, 2017 14:15:55 GMT -5
It's a pipe dream right nwo. I'm not that bearish yet. Id probably take a vacation instead of trying to gamble with the market dropping. I would rather just wait for a good price to short tvix.
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Post by theMist on Aug 31, 2017 14:20:15 GMT -5
It's a pipe dream right nwo. I'm not that bearish yet. Id probably take a vacation instead of trying to gamble with the market dropping. I would rather just wait for a good price to short tvix. You should start booking your vacation now for mid September to end of October And BTW - don't go on vacation to Japan -- they have a problem there with projectiles flying overhead lmao
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