No waffling, long FAZ - short ETF financials...
Toe in water, looking to add SOXS after AAPL love fest.
Looking at adding VIX OTM calls.
That's some pretty heavy duty short etf's there. I guess the revenue miss doesn't help in adding positions, but my guess is that you already had some of these, so I suspect that's a quick win for you right there. I don't think I have the stomach for those, nor the expertise. The most volatility I handle is the vxx, but my vxx positions are never even 1% of my risk portfolio. If a person will just go long the vix here, you know that eventually we will get an event that will send the vix up to 15 to 20 easily. Just don't use leverage in the account you trade the vix in. You could have a 30% drawdown, but a vix spike some time in the next year or two is inevitable. I wonder how long the selloff in AAPL and the NAZ will hold.