Folks we are just about to our buy zone in the VIX. Provided nothing crazy happens in the markets tomorrow. Once we start getting to this $9-$11 range. Buy VIX set a take profit and wait for it to spike up and get out.
You might have to hold on to this for a month or more. Who knows! You can buy the underlaying options or buy it as an ETF. Should be a solid play.
the chart lays it out that we get these spikes, just gotta wait for it.
Happy Trading,
-Sherem
You might have to hold on to this for a month or more. Who knows! You can buy the underlaying options or buy it as an ETF. Should be a solid play.
the chart lays it out that we get these spikes, just gotta wait for it.
Happy Trading,
-Sherem
Comment:
up 10% in a day. Snaps.
Comment:
Keep an eye on this VIX trade if you are in it, take some profits. Up 30% just today and more than that on the options.
Trade active:
Bought Dec 18 2018 calls at a strike of 25.
Comment:
getting some action here, if the market dumps next week this could be a huge trade. My premium was $1, it's going between $1-1.05, so around break even at the moment. We'll see what next week brings
Comment:
We're up 25%+, looks like this is going to keep climbing for now
Comment:
Folks, we're still holding on to this position. If we get a quick market dip this thing is going to rocket up fast. that's what we are waiting on. It's just a plus that we are in positive territory right now
Comment:
No matter where you got in you should be in positive territory at this point. Tomorrow will be very telling whether we get out with a little profit or a ton if we get a massive spike.
Trade closed: target reached:
Nice move at the end of day yesterday and today. 50% gains give or take. It might spike up if the market moves a lot towards the end of today, but the market is leveling off and time isn't on our side at this point which is the reason for the close.
