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iPath S&P 500 VIX ST Futures ETN Message Board

  • goodoptday goodoptday Aug 14, 2013 9:53 PM Flag

    VXX 8/14/13

    No VXX trade. Why so much complaint about VXX. This is the best POS I have ever known.
    It would have been superb if XIV and SVXY had weekly options. Sometimes I'm frustrated too
    with stubborn VXX, but it's only one's doing standing at the opposite end of trading than should be.

    Bought NVS ITM Oct puts.
    Bought FLT ITM Nov puts.
    Hope USO peaks tomorrow.

    Account some plus. Lowest S&P close in Aug but still it couldn't go much below 1683. I'm betting it going down below 1680 tomorrow. It would be great if it can stay below 1680 for monthly option expiration this week. There are too many puts/calls expiring this week.
    I'm in a much better shape now than when S&P was 1600. If S&P could just touch 1600 again, it would be fantastic and I can take easy on trading for the rest of the year. Many of my holdings showed weakness today.

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