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Post by theMist on Mar 1, 2017 15:54:36 GMT -5
And honestly, not a bad idea to consider going a little long the SCAMs
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Post by lasvegas77 on Mar 1, 2017 15:56:05 GMT -5
vxx options are price at 1 for the APril expiration for 20. Looks like that is priced in for 10% at least. Also making new highs for the day. looks like the snp is coming off the highs easily here.
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Post by walnut on Mar 1, 2017 15:59:30 GMT -5
decent close for the SP-500 so far
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Post by theMist on Mar 1, 2017 15:59:41 GMT -5
I'm long small 12k Tvix position now
scalped short tvix earlier in premarket
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Post by lasvegas77 on Mar 1, 2017 15:59:51 GMT -5
uvxy options are also super high for the calls in april. 31 strike is going for well over 1.10
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Post by lasvegas77 on Mar 1, 2017 16:01:06 GMT -5
i rarely like trading the pre market on tvix anymore. It trades way different than the real market.
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Post by walnut on Mar 1, 2017 16:02:39 GMT -5
I'm slightly net long VXX now but my spread should work either way
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Post by theMist on Mar 1, 2017 16:03:35 GMT -5
i rarely like trading the pre market on tvix anymore. It trades way different than the real market. Shorting TVIX in premarket was a gift for a very long time. Would always trade down in regular market. not anymore
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Post by walnut on Mar 1, 2017 16:04:08 GMT -5
VIX is back up a little but there has to be some contango tension building up by now.
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Post by lasvegas77 on Mar 1, 2017 16:04:27 GMT -5
pretty good week so far. good luck guys!
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Post by theMist on Mar 1, 2017 16:04:39 GMT -5
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Post by lasvegas77 on Mar 1, 2017 16:05:32 GMT -5
I like the fact that if i had shorted yesterday near the close and held all of today, it wouldn't have been hugely different on the net positive result of my account.
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Post by lasvegas77 on Mar 1, 2017 16:07:34 GMT -5
I used to make that trade every day mist. I'd get in on the pre market and cover near the open. I made a lot of money for a long time. But now it seems like it often gets bid up instead. I rather sleep in and wait now. haha
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Post by lasvegas77 on Mar 1, 2017 16:11:02 GMT -5
I think the last time i shorted pre market was after the election i got in short on the premarket fully on margin. I held that for a long time without covering and actually adding to my margin everyday as the account grew everyday.
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Post by walnut on Mar 1, 2017 16:26:47 GMT -5
VXX coming down tomorrow
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Post by lasvegas77 on Mar 1, 2017 16:28:15 GMT -5
when it's not coming down, it looks like something is broken.
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Post by theMist on Mar 1, 2017 16:33:25 GMT -5
why do you say that? That was a strong late day comeback for VIX SCAMs even with DOW up 300, S&P 32, NAS 78
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Post by walnut on Mar 1, 2017 16:59:01 GMT -5
I just think it shouldn't be this high. It has fallen out of the uptrend channel it had been riding. The scams have been closing up in the last hour for a week. It might settle down some again tomorrow. Besides, is this a new down trend being established?
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Post by theMist on Mar 1, 2017 18:16:34 GMT -5
S&P Futures tagged resistance and put in bearish reversal candles S&P has gone absolutely vertical at this point. lol
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Post by theMist on Mar 1, 2017 18:35:56 GMT -5
S&P 15 min chart
S&P Daily
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