Binyamin Negro – Finom Group

Binyamin Negro started the topic Spikettes in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 9 months ago

Dear fellow travelers,

I’m wondering what resources you all check when you’re sitting by your terminals and see the beginnings of a spike. Specifically, about an hour ago, UVXY jumped a bit. While wanting to make some move, of course I’m also wondering what sparked the move for a sudden (very minor) pull back in the S&P. Did North Korea just…[Read more]

Binyamin Negro replied to the topic Short Sale Rebate Fee for UVXY in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 10 months ago

My strategy has been been buying 2-3 month out UVXY calls at about 90-95% OTM (approx 2 times the current UVXY price). I try to load up on these on “quiet” days when they are cheap, collecting them in preparation for a VOL spike. Then when there is the eventual spike, I can short confidently, or sell some of the calls, if I feel like it.

One,…[Read more]

Binyamin Negro started the topic Short Sale Rebate Fee for UVXY in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 10 months ago

Interactive Brokers’ Rebate Fee for UVXY is 15.49%! Not to mention the 400% percent they now require!
I also have a Scottrade account but can’t find their Rebate Fee for UVXY. I found the following page:
https://www.scottrade.com/knowledge-center/investment-education/trading-topics/short-selling/short-sale-rebate-fee.html
which directs me to…[Read more]