" Wall street does not want you to know this "
Apparently, they don't want YOU to know this either .... which is why you're sitting in a boiler room office pumping out horse cucky.
.... of course, their customers know it, which is why their minimum wage clerks continue to try to refresh their diminishing ranks of customers.
Eventually, they'll move on, realizing that their feeble minded attempts at getting suckers to visit their site won't pan out.
Their minimum wage boiler room clerks post here relentlessly because they know that their service is a complete scam.
What are you "hmmmmmm'ing" about ? .... it's normal trading. That's what "volatility" means .... taking positions, closing positions. Going short ..... covering your short. etc. etc. What's to "hmmmmmmm" about?
Better to sell calls to the few suckers out there. Selling contracts is always better than buying .... pick the right direction and you hedge yourself while picking up premiums as well.
I really don't think there are too many crude "bulls" around. This morning's gains are just short covering. Crude is in a trading range, trending down, due to fundamentals.
Insignificant. Crude is up this morning due to short covering profit-taking. Whatever someone is doing with this USO is just a simple wager, nothing more.
The only "crystal ball" worth gazing into is the fundamental outlook for crude. Take your ques from that.
" I just locked in 27% in 3 days "
You really need to break away from your grandma's trust fund, and strike out on your own. After all, you're pushing 30 now .... life's passing you by.
See above .... if you don't understand this instrument, then you should avoid trading it (if you are.) Otherwise, learn more before you draw conclusions.
"The market" as you are referring to it, is the DOW. The DOW is not "the market" .... the XIV is based on an inverse tracking formula against put/call contracts on the S&P 500, not the DOW.
Having fun posting meaningless jibber, yes?
" Every dog has his day. "
That's what your mom said after you were born.
" Cramer is trying to cause panic. "
LOL !! Cramer is causing unbridled fits of laughter during commercial breaks.
Wrong ..... XIV is an inverse-to-VIX and will never go to zero. Historically (barring corrective sell-offs like present) the XIV is up the majority of the time, simply because direct VIX products (ex: UVXY, TVIX) CAN trend toward zero, and barring high-volatility periods, these products trend downward due to the contango effect. They are the ones that reverse-split shares over time, because they keep losing value during growth periods.
Your mom must be pretty #$%$ by now, after you having burned through most of her savings. Let's see how long it'll take a quarterly div to break even. :-)