LONG VIX play
Updated
Folks we are just about to our buy zone in the VIX. Provided nothing crazy happens in the markets tomorrow. Once we start getting to this $9-$11 range. Buy VIX set a take profit and wait for it to spike up and get out.
You might have to hold on to this for a month or more. Who knows! You can buy the underlaying options or buy it as an ETF. Should be a solid play.
the chart lays it out that we get these spikes, just gotta wait for it.
Happy Trading,
-Sherem
You might have to hold on to this for a month or more. Who knows! You can buy the underlaying options or buy it as an ETF. Should be a solid play.
the chart lays it out that we get these spikes, just gotta wait for it.
Happy Trading,
-Sherem
Comment
up 10% in a day. Snaps.Comment
Keep an eye on this VIX trade if you are in it, take some profits. Up 30% just today and more than that on the options.Trade active
Bought Dec 18 2018 calls at a strike of 25.Comment
getting some action here, if the market dumps next week this could be a huge trade. My premium was $1, it's going between $1-1.05, so around break even at the moment. We'll see what next week bringsComment
We're up 25%+, looks like this is going to keep climbing for nowComment
Folks, we're still holding on to this position. If we get a quick market dip this thing is going to rocket up fast. that's what we are waiting on. It's just a plus that we are in positive territory right nowComment
No matter where you got in you should be in positive territory at this point. Tomorrow will be very telling whether we get out with a little profit or a ton if we get a massive spike.Trade closed: target reached
Nice move at the end of day yesterday and today. 50% gains give or take. It might spike up if the market moves a lot towards the end of today, but the market is leveling off and time isn't on our side at this point which is the reason for the close.
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