In addition to 900K, there was also hi activity in OTM Calls expiring June 1 and 20...while this is interesting, I have no reason to long VXX at this time. Good luck with your trade...
Bullish complacency but this time is different so new highs soon!
#11
Posted 14 May 2018 - 03:56 PM
My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.
#12
Posted 14 May 2018 - 06:04 PM
Me thinks GOLDMAN knows something about what is happening re: strange behavior of VIX and is trying to alert
the CBOE et al.
Wall Street’s ‘fear index’ is giving stock-market investors a wrong reading, says Goldman
https://www.marketwa...dman-2018-05-14
#13
Posted 14 May 2018 - 06:06 PM
Maybe 400 S&P points lower is a more realistic level but 1K lower?
Opinion: S&P 500 should be 1,000-plus points lower than it is today, strategist Rosenberg says
https://www.marketwa...says-2018-05-12
#14
Posted 14 May 2018 - 06:11 PM
Not a crash, but a zig=zag lower, he says. LOL. Markets don't behave so reasonably smooth ! After one zig and a zag, people either dump stocks or load up .....
Here's a thought: in a declining market, $650 billion in share buybacks cannot stop a protracted decline or crash. Only simpletons believe cororations wil rush in to catch knives if their stock is crashing.
Here’s a thought: Maybe the stock market won’t crash this year because it can’t
https://www.marketwa...-why-2018-05-14
#15
Posted 14 May 2018 - 06:13 PM
A Warning sign, yes, but the markets still looks like there is fuel in the tank for another mini-leg up to about 2775/80
https://www.barrons....-see-1526334995
#16
Posted 14 May 2018 - 06:14 PM
Just don't trust GOLDMAN et al when they offer these "warnings & recommendations"!
Here’s Why Goldman Thinks ‘Long Volatility Strategies Are Timely’
https://heisenbergre...ies-are-timely/
#17
Posted 14 May 2018 - 06:18 PM
There goes that 10-yr yield above 3% and the 2-yr hit a 10-year high
US Treasury yields tick higher as 10-year yield tops 3%, 2-year note rate hits 2008 high
https://www.cnbc.com...y-auctions.html
#18
Posted 14 May 2018 - 06:19 PM
#19
Posted 15 May 2018 - 04:56 AM
My FF:-
I see VXX trading under 28.00...probably before end of June...
My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.
#20
Posted 15 May 2018 - 05:59 AM
Will be closing long VXX
Yeah, I think VXX could retest the January lows (25 to 26), what a great buying opportunity that will be!
But, I will be buying if it goes below 30