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!
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
Posted 14 May 2018 - 06:18 PM
There goes that 10-yr yield above 3% and the 2-yr hit a 10-year high
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