Getting a lot trickier here, trade with caution!! not gusto!!

My liquidity levels are sitting at 26% short VOL via UVXY (risk tolerance is a little higher than most) Sold VIX 10.50 Feb 14 PUTS to protect my short vol position, which was 6% of equity, currently it’s less than 1%..from .50 to .10 (this really saved my ass today – and has worked…[Read more]

maybe when Europe closes?

with new highs $SPY today, I’m surprised VXX isn’t at lows of day.

meaning lower.

is it me or do I feel like the decay is going to pour out of VXX today

got it, thanks!

so you’re looking to scalp a trade if we move 25-30 cents higher from here.

Scott, I use the VWAP on tc2000.com I think it’s constructive when identifying a reversal after a down move on $SPY. I use it inversely for $VXX scalps intraday, meaning I put the indicator at the $VXX top candle, and I like to see if it stays under the VWAP. So spike, VWAP candle, see if it can stay below. If it goes above, and reaches a new…[Read more]

great call.

Good morning Seth, I’m still looking at the $27 area for a scalp trade today. Thoughts? maybe we get a push higher.

sold a boatload of VIX 10.50 Feb 14 puts for .50 and .53 (working). Personally I love this hedge when VIX gets this low.

yes, much safer up there too.

Tastyworks doesn’t offer extended hours yet – so that’s no go for me.

Keeping Scottrade Acct open too, and Weill be back if I’m not happy with tasty. I feel like they’re a bunch of traders building cool stuff over there and commissions are low. Plus, I call in a get someone really fast each time. Might be good for locating UVXY shares to short. Those have been scarce.. Got to start mining them like bitcoins!! lol.…[Read more]

Glad I had my $VXX on, but just 13% of fund, took my profits in $GUSH too – good day. I’m moving my account over to tastyworks from scottrade. Those are the same guys who sold think or swim to TD. Hope to find some UVXY over there.

Yes, same here with my VXX core. Lowest it’s been in quite some time. Looking to add back in.

Stock is looking good!