shillllihs
6,047 posts
msg #129023
- Ignore shillllihs |
6/9/2016 11:24:56 AM
Just for you Gekko,
I picked up some small options to mess around with.
June24 GS. 162.50 call
June17 Uvxy 8 put
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ThaGekko
139 posts
msg #129024
- Ignore ThaGekko
modified |
6/9/2016 11:40:56 AM
I'm honored - I didn't know UVXY even had options. I normally just play around with VXX.
On a side note - you have UVXY going down to $8 in 8 days? Wouldn't that put SPX above the record high?
******************************
I wish that TVIX had options - Now that would be interesting!
And I will say shills you have been pretty influential in turning me onto volatility trading - appreciate all the knowledge you share here!
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ahcsim72
151 posts
msg #129025
- Ignore ahcsim72 |
6/9/2016 11:53:22 AM
Are there any that runs parallel with TVIX?
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shillllihs
6,047 posts
msg #129027
- Ignore shillllihs |
6/9/2016 12:05:47 PM
My thinking is, I would rather use an etf that I know intimately than play a different stock every day
that has its own personality. Plus ETFs may be safer than a single stock.
I literally played 240 bucks total, so basically gambling money.
Thanx!
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ThaGekko
139 posts
msg #129028
- Ignore ThaGekko |
6/9/2016 12:10:15 PM
ahcsim72 - I do not know of any optionable 2x Volatility. Only VXX and UVXY.
Shilllihs - I completely agree with ETFs as they are basically the entire market and not a single company that technically looks sound - from a charting perspective and then just get hammered for no reason, or puts out bad press. Too much inherent risk owning stock in a single company. I have quickly learned to stick to ETFs!
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shillllihs
6,047 posts
msg #129029
- Ignore shillllihs
modified |
6/9/2016 12:17:11 PM
It just makes sense. Obviously there are no guarantees and chances are my system will eventually
flop but imagine if the the whole SF community focused on a handful of ETFs with inherent
patterns, with clear cut entry exits. As for me, I will concentrate on Xiv Tmf Tvix.
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ThaGekko
139 posts
msg #129033
- Ignore ThaGekko |
6/9/2016 1:03:30 PM
Shillllihs, just a curious question, but the GS Calls for next month? GS just brokedown a head and shoulder's pattern. I've got it going as low as $140? Am I missing something?
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shillllihs
6,047 posts
msg #129034
- Ignore shillllihs |
6/9/2016 2:34:49 PM
I was looking for value, that's all. I'm just messing around with these.
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shillllihs
6,047 posts
msg #129042
- Ignore shillllihs |
6/9/2016 6:22:13 PM
Ok so Xiv going to 36.50ish within 13 trading days then time to bail
And go long Tmf. If not, my indicator will eventually kick in to bail early.
Potential reversal days are June 13th 20th 27th or 28th. That's all.
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ahcsim72
151 posts
msg #129050
- Ignore ahcsim72 |
6/10/2016 1:54:52 AM
I think XIV is done...bearish....but what do I know
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