Good luck all.
VXX $50 before end of February. Tender love, love so tender. Holding me closer now. baby, I surrender.
It's coming. It's really happening.
ur in for a rude awakening fella, this is the time to ride VXX high and then load XIV, XIV at $15 or maybe $12 will have sex appeal.
it is 100% fact VXX will hit 50 the question is what path will it take and where will XIV be. I tell you I will be really sexy toward XIV at 15, to perhaps ride it back to 50-75 in a few years.
A 55% loss for XIV puts it at 13.25 area. At 15 I'll be real interested in it.
Briefly crossed over with VXX earlier today if anyone noticed. I am showing VXX will hit 50, which means XIV 15 or so.
I will accept your adulation for this call if it hits big. That's a big time major call folks- calls $8 out of the money with only 73 hours to expiration when I bought em. Already up to 9 cents, current gain is 50%.
I bought weekly VXX 43 calls. So I expect XIV to be under 23 by Friday.
So company fundamentals no longer drive the market? You may be right but if so it is very dangerous for the Fed to try to rig the market.
There are some folks who are calling for 40% drop which probably puts VIX in 80 and some backwardation in VIX futures.
What happened in 2011 when XIV lost over 80%? What will happen if the stock market has a 20-30% correction?
I think you'll get another shot to buy this under 10. Maybe not 2015, but 2016. If it hits 10, I will load up and sell at 100 within say 5 years.