UVXY - Risk and VIX rising Same Time, Correction? Buy Volatility
0. UVXY trending higher last few days.
1. Rotation, but some risk stuff still rising. AMD, TSLA, PLTR, QQQJ (Riskier version of QQQ).
2. Low volume chasing here, and rising UVXY, and VXX. TVIX as well.
3. Think it is time for volatility in the portfolio...
1. Rotation, but some risk stuff still rising. AMD, TSLA, PLTR, QQQJ (Riskier version of QQQ).
2. Low volume chasing here, and rising UVXY, and VXX. TVIX as well.
3. Think it is time for volatility in the portfolio...
Comment:
4. We loaded the boat at $10.40. This is where UVXY was RIGHT BEFORE FEBRUARY MELTDOWN. UVXY been moving up to 12 from 10.40 steadily in last 3 days, risk still moving, and rotation occurring. Something about to give...
Comment:
NOTE:
This is a hedge for our portfolio. We are not trying to make money here. We hold PUTS against the UVXY, $10 puts. So we have a floor on this going out a bit.
We are holding some large, correlated (UVXY) assets. We are only holding until we get some vaccine rollout, Potus transition, Trump gone, and what the Chinese are up to now.
We had a Nat. Sec. Meeting in WH on Saturday. State-sponsored hacking against Treasury Department over months.
Trump ready to retaliate....
www.theguardian.com/...gn-government-report
This is a hedge for our portfolio. We are not trying to make money here. We hold PUTS against the UVXY, $10 puts. So we have a floor on this going out a bit.
We are holding some large, correlated (UVXY) assets. We are only holding until we get some vaccine rollout, Potus transition, Trump gone, and what the Chinese are up to now.
We had a Nat. Sec. Meeting in WH on Saturday. State-sponsored hacking against Treasury Department over months.
Trump ready to retaliate....
www.theguardian.com/...gn-government-report
Comment:
Also looking to sell calls against this, and maybe slowly unload as it runs back to $10 and below... We shall see.