[TVIX] The Future Has Arrived.. SPX Falls Some, TVIX EXPLODES!

I've been calling this for three weeks now and been holding most my TVIX since May 18th among other inverse plays.

Just made some revisions to my OG idea and cleaned up the lines a bit to try to dial in the up spike here.

Here's all your entry and exit price targets from May 26th:

All that holds the same today.

TVIX still much better risk/reward than VIX .

We already blew past most my entry targets straight to the 'Okay Value' range of $205-$280.

I will not be buying above $205 personally because 'Okay Value' doesn't fit my investment strategy. However for others it may.

Investing above $280 becomes increasingly more risky and should be approached with caution.

I reupped all my shorts yesterday ~15%, just in the nick of time! Will likely reup another 20% if it dips back under $200 but depends on a lot. I'm very comfortable with my 25-30% portfolio short position (PRIOR to the explosion today).

I'm holding till at least $400 as indicated in my OG idea.

Gonna take a quick victory lap and tag all my best TVIX Long ideas and SPX Short over the past few weeks :).

Probably best to let this one ripen a bit before you harvest! B)

Related Ideas


excellent work.keep it up
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Glad I mustered the testicular fortitude to hang on to this trade this morning.
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@mak337, Testicular fortitude is an underappreciated trading skill.
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I feel like it could go even higher than $400!
$800 would be nice! Like in February / March.
There's gonna be a crapload of volatility in the coming days!
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ProfitHarvest brian7683
@brian7683, Based on March spike, upside is $1000-$1200 but could go even higher on this crash.
You just destroyed this one - saw one other poster showing how the buying volume was climbing on TVIX suggesting they were about to drop it a few days prior to this. Might have been your post.
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ProfitHarvest UncleNate
hope you are right :-) and will you hold this over the weekend?
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@raalphh, I've been holding most my shares since May 18th. Not planning to stop now :).
@ProfitHarvest, :-) same here, i've been holding TVIX and SDOW for awhile now... many sleepless nights, hopefully this is it. Fingers crossed
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