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Post by lasvegas77 on Mar 1, 2017 12:20:52 GMT -5
Yeah, saw that. But at least it rallied hard after that.
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Post by lasvegas77 on Mar 1, 2017 12:28:17 GMT -5
reshorted here at 17.651
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Post by birthmark on Mar 1, 2017 12:53:07 GMT -5
WHo's got the balls to go long anything now?!?! Not me.
What. A. Market....
GL
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Post by lasvegas77 on Mar 1, 2017 12:57:02 GMT -5
Days like this rarely have a reversal mid day when it's this late and this strong.
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Post by theMist on Mar 1, 2017 13:10:09 GMT -5
Wow! You guys have really taken the reins! I no longer need to post charts, insights...lol I can sit back and just simply trade. I like it...
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Post by theMist on Mar 1, 2017 13:16:52 GMT -5
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Post by theMist on Mar 1, 2017 13:18:58 GMT -5
Did we hit my S&P2460ish target today?! lol
Need to check the HOD
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Post by walnut on Mar 1, 2017 13:46:57 GMT -5
WHo's got the balls to go long anything now?!?! Not me. What. A. Market.... GL Someone is sure buying today though haha
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Post by lasvegas77 on Mar 1, 2017 13:47:52 GMT -5
covered at 17.61. this is acting much stronger than i thought it would be by now. Even though i made money on shorting it, it is seemingly holding in there. Not giving much there.
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Post by lasvegas77 on Mar 1, 2017 14:53:08 GMT -5
when vxx starts acting like a real stock, it's concerning.
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Post by theMist on Mar 1, 2017 14:55:25 GMT -5
Markets at all time Highs and VIX SCAMs not close to all time lows.
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Post by walnut on Mar 1, 2017 15:08:36 GMT -5
Sold out of the money covered VXX calls. Slightly positive delta.
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Post by theMist on Mar 1, 2017 15:16:52 GMT -5
This will definitely not end well...
We're supposed to hit my S&P2460 target by summer and not now...lol
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Post by lasvegas77 on Mar 1, 2017 15:23:51 GMT -5
roll yield is about 7% and the far out futures are so much tighter. One bloody day of probably 1% down on the snp would have serious implications on the vix futures curve and could cause bastardization. Also the vix firming up here for the close is a very strong sign of strength.
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Post by theMist on Mar 1, 2017 15:30:17 GMT -5
If that happens, you can just about buy tvix at any price and make money
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Post by lasvegas77 on Mar 1, 2017 15:32:25 GMT -5
So glad i scalped that gain while i could. This market is relentless to the slow traders of vxx.
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Post by walnut on Mar 1, 2017 15:37:37 GMT -5
Doesn't Paul Krugman look and sound about like Richard Dreyfus circa 1975 (Jaws)?
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Post by walnut on Mar 1, 2017 15:40:08 GMT -5
Trying to keep my net position delta at least a little positive is the tricky part of this option selling
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Post by theMist on Mar 1, 2017 15:43:34 GMT -5
Time to start looking into ways to short the market. Not saying full on bear yet -- but have to be prepared possibly for next few weeks
We keep going straight up to my iH&S 2460ish target without pulling back then I say its time
Unless you caught the overnight move down in SCAMs, today's trading was crumbs
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Post by theMist on Mar 1, 2017 15:51:53 GMT -5
CNBC -- Market on close orders shows no imbalance
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