Have not seen this in a long while and it is finally here. I have sold my purchases from yesterday here at 21.10 now.
I am holding the rest. Your are abot to see why you manage you VXX risk.
What is finally here? A big move up? if so why did you sell your VXX? Generally when the VIX gets this close to 20 it has been a reliable sell signal for VXX.
taking some profits at 21.50, sold my position with tvix for about $5000 in profits since Friday. Not a bad week. If this turd drops back to 19.50 will load up again. Holding my SDS and SH positions, i think the bleeding has only just begun.
hi wes, are you thinking about going short here? or still too early? thanks
Too early. I am not thinking og going short VXX until the end of April and let this run its course. I think we could get volatility over 20 for a quick moment in time.