ATMP trade ideas
VXX LONG - VIX Volatility Explosion ComingThe VXX is ready to explode to the upside. The S&P 500 is quite overbought when looking at many indicators and sentiment warning signs.
There is a clear Ending Diagonal (Bullish Wedge) on the VXX.
The VXX goes up when volatility on the S&P 500 goes up. The VXX tracks the VIX.
The last leg of the diagonal may be completed already and is poised to run higher.
The ranges on the daily bars of the VXX are very tight and this is generally a warning sign that the VXX will pivot to the upside decisively.
Volatility Increase in coming weeksThe volatility index is in a downtrend similar to before the march correction. The blue lines are price targets/areas of resistance.
Within 1-2 weeks from this post:
The price will cross over the trendline or we will see more reversal candlesticks
The macD will cross
There will be a bullish divergence on MacD
This chart lines up very well with the chart I previously posted of UVXY which I will link.
short the vix via VXX, buy puts or sell callsAs uncertainty leaves the market, the Vix should stabilize. I would buy a long put or sell a long call, as it could take a while for it to check down to the lower trend line.
Keep in mind, there is always the possibility of a catastrophic or unforeseen event that could send it through the roof so don't risk too much. Always keep your side bets to less than 5% of your overall account value, 10% at the most for extremely high conviction plays.
VXX is the perfect way to play volatility. For instance, if you expect a period of heightened uncertainty and volatile days where the market is churning, you could buy some VXX as short-term protection against high volume sell-off days.
$VXX 15mBeautfil inverse head and shoulders. Rising RSI and bullish Macd cross. Looking for a big move early next week. Prics targets indicated to the right.
-Im long 1/22 18 calls
Jan Hedge: VXX Puts - 22 Jan expiryJanuary's Hedge Trade
This trade hedges PG my secondary trade which is riskier as it was strategically structured to be the opposite of the border market movement. Hence if PG surges this should mitigate the loss.
It is 15% of the premium from Jan's Primary and Secondary trade. If things go well I should not need to cash this at all.
Bought 7 Puts @ 1.10, Strike 17
It requires an est -7% drop to reach the strike
VXX - My guess for the next big spikeBased on the patterns in the RSI and MACD over the last few weeks.
Waiting a moment to bet on VXXHi,
I'm VIX Man.
Let's wait patiently to get more number of shares.
Always focus on avg down & increasing the number of shares to get rich.
bull run is coming Great hedge for the crazy bull stock market. I smell a market reset soon... very soon.
Trend Reversal Points IndicatorTwo indicators I created based in the possible reversal points and a special feature to create a forecast for the incoming days with different bias neutral, bullish and bearish. This is just for demonstrate purposes.
Attention, attention! VXX and VIX is talkingAttention, attention!
This is your volatility talking!
We request you to take note of this:
The next two weeks could be volatile because of the Electoral College in the US. The hard Brexit is also hot. Corona is off the air.
The Xth LockDown (then until Easter) will not be relevant until after Christmas.
Until then, the following universal recommendation from the leader's bunker (Führerbunker) applies:
Regularly observe the VIX or VXX and
thereby two times Happy Birthday buzzes.
As soon as doubts arise, rather avoid the contact with the stock exchanges or
for your own security take a hedge position.
Related to the indices:
What does not want to rise - that falls,
or what was the saying?
End of the announcement.
Volatility year in review: O $15.74 H $78.84 L $13.15 C <=> $17Volatility year in review:
O $15.74
H $78.84
L $13.15
C <=> $17
Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
www.tradingview.com
VXX above 21 day VWMA - Ready to pop?Every time it has been above this level a strong pop followed in the VXX.
Will it retest the band before the pop is what I am watching.
Dec Hedge: VXX Puts - 18 Dec expiryDecember's Hedge Trade
This trade hedges OLLI my secondary trade which is riskier as it was strategically structured to be the opposite of the border market movement. Hence if OLLI surges this should mitigate the loss.
It is 15% ($827.42 with comms) of the premium from Dec's Primary and Secondary trade. If things go well I should not need to cash this at all.
Bought 95 Puts @ 0.08, Strike 14
It requires an est -26% drop to reach the strike
VIX SpikeVolatility on rise. Potentially just a head fake, but possible the start of bearish tendencies now that bulls are comfortable.
