VIX ReaderBreaking a Fib upwards indicates a momentum move on intense emotional trading - usually rainfall selling. Using this fib level on VXX will assist in decision to short, or long the market along SPY Fib indicators.
ATMP trade ideas
VXX to $80, iH&S formingWith Coronavirus cases surging, the global economy on the brink and a nice technical IH&S pattern forming I imagine we will go to $80 on the VXX. the confirmation of this is a breakout of the $42 area.
-Sherem
Will VXX take off?This seems like a wedge/channel breakout, and that VXX is going to 55. We can see a breakout then retest of upper trend line. In terms of Elliott Wave, this could be a breakout from a corrective Wave B triangle, into a Wave C. Technical analysis isn't about being certain of events, it's just insight to it's playbook.
I threw this chart out to a guy on Twitter, so it's fairly light and face value- I didnt' goo in depth. We'll see how it goes!
vxx looks ready fora small leg up atleastim bullish on equities but you'd be a fool not to buy this, on a fib, TD9.. lets se a 20% run this week!
Sell the Insurance PremiumSecond wave coronavirus headline risk is creating a spike in market insurance premium. Sell the premium and short VXX via call credit spreads or put debit spreads.
$VXX fear idea on second wave fearstwitter.com
AMEX:VXX VXX breakout idea based on the second wave fears. If confirms like this over $32
VXX Ascending Triangle = Bullish for the VIXand bearish for the S&P (and pretty much everything else)
LONG VXX CFDExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
ROLLING: VXX JUNE 16TH 12/17 SCV TO 29/45 SCV... for a .01/contract credit.
Notes: Rolling my deep in-the-money spread (See Post Below) to a setup with a break even around where the underlying is currently trading. Naturally, this dramatically increases buying power effect, as well as risk, since I'm widening from a five wide to a sixteen wide. Will look to narrow the spread via roll out or via roll-down of the long on approaching worthless.
Vxx is looking bullish.It's so interesting while the economy was so great and SPY struggle to get above 3000 now why shall I believe it's going higher? With the Fed anything is possible however I think the risk on the upside is greater with some possible pull back SPY.I think VXX could retest the high . The news is not talking about the trade war coming back.
SET UP YOUR VXX & UVXY CALL TRADESJust a reminder Market is Wild and Down Place your VXX and UVXY Call Trades
Cursed images: Bitcoin and S&P 500 Volatility ETF ComparisonAs you can see the two have a clear connection and contribute to each other.
VXX - Supporting SPY Current LongsDescending triangle on the VXX with potential gap to fill below. Levels are marked.
Hedging my bearish stance with the VXXI decided to do a small hedge to mitigate my bearish stance specifically on my 15 May expiring TIF options.
- Sold Calls at a 40 Strike for 2.5 (6 Contracts)
- Covered my short by buying a call at 54 Strike for 0.62 (6 Contracts)
This gives me max earnings of around $1128.
- If the Market Crashes and TIF still doesn't move. My Visa and Expedia Shorts will come in to lock around +1.7K
- If Market stay or continues to range. I will lose a max of $9358. With my hedge saving me abit more than 10%
Best scenario for me is for the market to become bearish with TIFF following it below 15 May haha... sweat...
