Started with 500 and end up shorted 3000. Now if it doesn't drop tomorrow I have to tap my LOC just to cover my margin call. Wish me good luck o'k'. Dano, I hope you are right about tomorrow's uvxy. I think markets should go up tomorrow and Vix goes down to help shorters. GL.
Tried to short UVXY today...no shares available. Shorted VXX for a day trade and worked out nicely. We should have some volatility rest of year with low volume. You got some balz. I do not ever trade on margin.
Hello Afraid, I thank you very much one more time for boosting my confidence to stay put with my short position on Dec12th. I also thank Fidd for further strengthening the idea and Vox for giving me a stress free plan going forward on the same day. All this made me to forget about short position and work on the puts. Yesterday my short is deep red but I am not scared waiting for MC to cover some. Now its Green again.Thanks to all of you and everybody else on this board. I will See If I can stay put with my short this way until next spike. GL all. Great trading.