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Post by lasvegas77 on Sept 8, 2017 13:30:08 GMT -5
Very strange to see the vix up so much on a mixed day in the market.
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Post by lasvegas77 on Sept 8, 2017 13:50:19 GMT -5
Tvix is up 8.6% for the week at the time of this writing. Been out since last Friday.
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Post by ipath on Sept 8, 2017 14:41:24 GMT -5
I am short goldminers, since i believe gold reached top. I will cover half and take some profits off the table. Its still a dangerous play, especially if shit goes wrong in NK and precious metals make another run.
I am looking into shorting these hurricane plays, made some money with LL and HD... got out too early but at this time its way too late to play them IMO. I think on Monday there will be a lot of profit taking and these have a potential of plunging 5-10% Again, little dangerous but i will take the chance..
VXX cant be smart about it, if nothing happenes over the weekend it could plunge monday so i will stay out for now
any thoughts guys?
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Post by lasvegas77 on Sept 8, 2017 14:43:11 GMT -5
Don't forget about the likelihood of another North Korea test over the weekend for their celebration on saturday.
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Post by walnut on Sept 8, 2017 15:36:55 GMT -5
I am short goldminers, since i believe gold reached top. I will cover half and take some profits off the table. Its still a dangerous play, especially if shit goes wrong in NK and precious metals make another run. I am looking into shorting these hurricane plays, made some money with LL and HD... got out too early but at this time its way too late to play them IMO. I think on Monday there will be a lot of profit taking and these have a potential of plunging 5-10% Again, little dangerous but i will take the chance.. VXX cant be smart about it, if nothing happenes over the weekend it could plunge monday so i will stay out for now any thoughts guys? I can't help looking for a miracle VXX hedge Ipath. I'm studying something really nutty today. But I am out of reasonable sounding ideas.
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Post by ipath on Sept 8, 2017 16:35:36 GMT -5
I am short goldminers, since i believe gold reached top. I will cover half and take some profits off the table. Its still a dangerous play, especially if shit goes wrong in NK and precious metals make another run. I am looking into shorting these hurricane plays, made some money with LL and HD... got out too early but at this time its way too late to play them IMO. I think on Monday there will be a lot of profit taking and these have a potential of plunging 5-10% Again, little dangerous but i will take the chance.. VXX cant be smart about it, if nothing happenes over the weekend it could plunge monday so i will stay out for now any thoughts guys? I can't help looking for a miracle VXX hedge Ipath. I'm studying something really nutty today. But I am out of reasonable sounding ideas. lol I hear ya my friend.. keep trying. I dont think there is a hedge that wont decay and eat up your profits when VXX drops. The best you can do is have some black swan type of options that will save you in case of a black swan event. But i dont think there is something that will save you dollar for dollar when VXX increases and at the same time wont do the opposite when VXX drops So i covered half of my gold miner shorts and also shorted HD and LL (by the rumor sell the news) hoping ppl will start taking profits in these hurricane plays that increased dramatically over the last few days.. lets see what these do on Monday. Provided I get to see Monday after Irma
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Post by walnut on Sept 8, 2017 17:27:11 GMT -5
I can't help looking for a miracle VXX hedge Ipath. I'm studying something really nutty today. But I am out of reasonable sounding ideas. lol I hear ya my friend.. keep trying. I dont think there is a hedge that wont decay and eat up your profits when VXX drops. The best you can do is have some black swan type of options that will save you in case of a black swan event. But i dont think there is something that will save you dollar for dollar when VXX increases and at the same time wont do the opposite when VXX drops So i covered half of my gold miner shorts and also shorted HD and LL (by the rumor sell the news) hoping ppl will start taking profits in these hurricane plays that increased dramatically over the last few days.. lets see what these do on Monday. Provided I get to see Monday after Irma Most likely no way to cheat the system. But I have found something interesting, got my fingers crossed. Just have to test with real data for awhile.
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Post by lasvegas77 on Sept 8, 2017 18:48:29 GMT -5
Just stay in cash and sleep well at night
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Post by ipath on Sept 9, 2017 0:52:39 GMT -5
ok I will take that back, they are expecting now hurricane cat 3 or 4 to hit Tampa Bay.. ohh well survived worse than Irma. Will keep you guys updated
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Post by walnut on Sept 9, 2017 8:21:29 GMT -5
Yeah I saw, looks like gonna hit Tampa Bay harder than they thought.
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Post by ipath on Sept 9, 2017 23:25:37 GMT -5
Expecting electricity to go out soon... talk to you guys next week..
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Post by walnut on Sept 10, 2017 7:39:41 GMT -5
Expecting electricity to go out soon... talk to you guys next week.. Good luck and stay safe as you can
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