Shorting this fake shorts coverings pump using vix calls, should be 100% gain trade
Bought a very large postion on friday exactly ATM 25 calls exp SEP 21.
Common sense trade, Vix hit 35 every 1.5-2.0 months, last 5 times.
Undestandably history will only repeat itself if stars align, the question
to ask is has economy gotten better since then, NO, even wose actually,
slowdown in consumer demand, withinflation, as we approach 6th stage
of the business cycle where everything drops stocks, bonds, and commodities,
at this point this is a safe bet, considering that vix range is between 20 -35,
and I did get in a little early however with current market conditions, CPI
report on wednesday, july 28 gdp negative report, and earning season starting
next week it's safe to say that we are not getting 20 vix, we might see a quick
wick down but who cares if you red a bit if you confident in you position, can
always average down. Anyway see you at 34-35 cash out.
Bought a very large postion on friday exactly ATM 25 calls exp SEP 21.
Common sense trade, Vix hit 35 every 1.5-2.0 months, last 5 times.
Undestandably history will only repeat itself if stars align, the question
to ask is has economy gotten better since then, NO, even wose actually,
slowdown in consumer demand, withinflation, as we approach 6th stage
of the business cycle where everything drops stocks, bonds, and commodities,
at this point this is a safe bet, considering that vix range is between 20 -35,
and I did get in a little early however with current market conditions, CPI
report on wednesday, july 28 gdp negative report, and earning season starting
next week it's safe to say that we are not getting 20 vix, we might see a quick
wick down but who cares if you red a bit if you confident in you position, can
always average down. Anyway see you at 34-35 cash out.