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Post by lasvegas77 on Mar 7, 2017 12:49:36 GMT -5
Hoping for a scalp here. Don't want to hold this into the close.
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Post by walnut on Mar 7, 2017 12:55:42 GMT -5
I am nervous today. I am even drinking a strong beer. before lunch.
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Post by theMist on Mar 7, 2017 12:56:53 GMT -5
Nice! VXX 17.05, TVIX 4.14
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Post by walnut on Mar 7, 2017 12:57:01 GMT -5
TVIX hedged with like priced VXX June 20 put. Implied volatility same as TVIX historical volatility.
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Post by lasvegas77 on Mar 7, 2017 13:01:32 GMT -5
Its starting to look like the inevitable all time low is coming for the vix etns. Only 3% on tvix to do it.
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Post by theMist on Mar 7, 2017 13:05:44 GMT -5
Its starting to look like the inevitable all time low is coming for the vix etns. Only 3% on tvix to do it. And it's about time they start making new ALL TIME LOWs! I have no idea why 2 weeks ago they traded the way they did. S&P was running to SP 2400 and VIX ETNs rose along with it. lol The VXX H&S measures in low 16s for VXX. But, for now, would just like to see VXX get below its all time low at VXX 16.76. My entire account is short TVIX right now and as more $$ become available in IB (as trade is going in my direction), I'm shorting a little more
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Post by theMist on Mar 7, 2017 13:07:21 GMT -5
Walnut - I don't understand what you wrote
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Post by theMist on Mar 7, 2017 13:13:07 GMT -5
VXX chart Have to watch VXX 16.93ish for possible pause / small bounce. Yellow horizontal line on chart picture share
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Post by walnut on Mar 7, 2017 13:15:37 GMT -5
Walnut - I don't understand what you wrote Nothing much, but over the last 2 weeks, selling that Jun 20 put as a hedge against selling TVIX was very effective. It way more than offset when TVIX climbed a week ago, but did not rise near as much over the 2 weeks as TVIX fell. Just noticed it
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Post by theMist on Mar 7, 2017 13:17:39 GMT -5
gotcha
be back in few
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Post by lasvegas77 on Mar 7, 2017 13:21:33 GMT -5
Out at 16.99. Very good profit today.
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Post by walnut on Mar 7, 2017 13:34:22 GMT -5
I'm out
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Post by walnut on Mar 7, 2017 13:34:55 GMT -5
Walnut - I don't understand what you wrote Nothing much, but over the last 2 weeks, selling that Jun 20 put as a hedge against selling TVIX was very effective. It way more than offset when TVIX climbed a week ago, but did not rise near as much over the 2 weeks as TVIX fell. Just noticed it Should have said over the last 1 week. it actually was a good hedge.
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Post by lasvegas77 on Mar 7, 2017 13:37:54 GMT -5
I always love the feeling after taking a profit and then leaving the room and then returning to see a huge green candle stick on my tvix chart after im out.
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Post by theMist on Mar 7, 2017 13:47:15 GMT -5
I always love the feeling after taking a profit and then leaving the room and then returning to see a huge green candle stick on my tvix chart after im out. But it's usually followed by an engulfing red one! lol And I see its only 1:45EST so still safe from final hour BS. lol VXX 17.03, TVIX 4.13 In all seriousness, always good to take profits. Good trading!
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Post by lasvegas77 on Mar 7, 2017 13:50:28 GMT -5
I'll start thinking more long term after next week.
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Post by theMist on Mar 7, 2017 14:02:13 GMT -5
gotta luv the SCAMs! I call them my babies! VXX 17.00, TVIX 14.12
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Post by theMist on Mar 7, 2017 14:11:17 GMT -5
I'll start thinking more long term after next week. just curious - why next week? Is there something to be mentioned with Trump's tax reform coming up? Or your just concerned about FOMC?
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Post by theMist on Mar 7, 2017 14:14:30 GMT -5
Did you guys reshort the VIX SCAMs yet? small position when it popped earlier? VXX 16.94, TVIX 4.08
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Post by theMist on Mar 7, 2017 14:17:01 GMT -5
And here is your official car pattern!!! lol. Looks like one of Jack's cars!! roflmao VXX Chart Notice how the 2 circles are getting bigger and bigger! lol p
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