Just go to my blog here and click on my "replies" list. My VIX blog is pretty far down my list so it will be easier to find my VIX short call by tracking my replies today. I did bump up my SLV and DUST blogs as I will be posting trades there today in all likelihood. Not sure if the VIX gets doneski today. I'd say there's 90% chance it won't happen today. There's a nonconfirmed low on SVXY (trades opposite UVXY) at $71...spot dead on. That "might be" the target for this move in SVXY.
The computers are now setting up the UVXY 39.54 high as teh final high that needs to be breached. The "best" way to play the coming rally is actually via a long position in IWM call options as it has the most upside (Russell 2000) of any of teh major indicies. I'll be spewing my long trade in IWM at my blog too.
Just go to my blog here and click on my "replies" list. My VIX blog is pretty far down my list so it will be easier to find my VIX short call by tracking my replies today. I did bump up my SLV and DUST blogs as I will be posting trades there today in all likelihood. Not sure if the VIX gets doneski today. I'd say there's 90% chance it won't happen today. There's a nonconfirmed low on SVXY (trades opposite UVXY) at $71...spot dead on. That "might be" the target for this move in SVXY.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=svxy&x=41&y=15&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Hitting "major" oversold right now but whatever the low is that leads to a little bounce...it won't be the "final" low.
The computers are now setting up the UVXY 39.54 high as teh final high that needs to be breached. The "best" way to play the coming rally is actually via a long position in IWM call options as it has the most upside (Russell 2000) of any of teh major indicies. I'll be spewing my long trade in IWM at my blog too.
I will short tvix ;)
Looks like my SVXY target of $71 is going to be spot on. Already there in after hours trading I'm wreckin.