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  #1481  
Old 10-16-2018, 04:24 PM
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wage low stock high
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  #1482  
Old 10-19-2018, 09:56 AM
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anyone tracking VIX this month?

I am very tempted to take a stab at it in the next week and then hope for a big spike on the midterms.
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  #1483  
Old 10-19-2018, 10:44 AM
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anyone tracking VIX this month?

I am very tempted to take a stab at it in the next week and then hope for a big spike on the midterms.
Everyone is going to be thinking that. Buy puts.
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  #1484  
Old 10-19-2018, 10:45 AM
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anyone tracking VIX this month?

I am very tempted to take a stab at it in the next week and then hope for a big spike on the midterms.
You are planning to go long the VIX at the then market price sometime next week, because you can see that the then market price will be wrong. Wrong in the sense that the implied market move is too small. And this belief is because of your knowledge of the world and the options market, which is superior to that of professionals who (you seem to think) don't know that there is an election coming.
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  #1485  
Old 10-19-2018, 02:00 PM
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anyone tracking VIX this month?

I am very tempted to take a stab at it in the next week and then hope for a big spike on the midterms.
I regularly sell call options on the VXX (long Vix ETF). Its a great money maker.

There is no way I would go long VIX at these prices - there is no good way to do it. The ETFs consistently lose money, and at these prices, you get a good day, and the ETF is going to drop 10%. Going long calls in either VIX or VXX is very tough - you have to beat the option premium AND guess right.

You may get lucky, but it is a losing gamble over multiple iterations (ie the expected value is quite negative).
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  #1486  
Old 10-23-2018, 08:21 AM
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Dow futures below 25,000.
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  #1487  
Old 10-23-2018, 09:43 AM
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Dow futures below 25,000.
Down another percent and a half at open. Itís plausible that weíll be in negative territory YTD by the end of the week. Normally I like to buy the dip, but with all the uncertainty around the midterm elections, Iím going to sit and wait for another month or so to see how everything pans out before taking any action.
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  #1488  
Old 10-23-2018, 10:28 AM
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Deployed another $15k from the sidelines. Sold off a Japan ETF, another $60k on the sidelines or so...
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  #1489  
Old 10-24-2018, 03:49 PM
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anyone tracking VIX this month?

I am very tempted to take a stab at it in the next week and then hope for a big spike on the midterms.
How's that stab looking?
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  #1490  
Old 10-24-2018, 04:16 PM
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Down another percent and a half at open. Itís plausible that weíll be in negative territory YTD by the end of the week. Normally I like to buy the dip, but with all the uncertainty around the midterm elections, Iím going to sit and wait for another month or so to see how everything pans out before taking any action.
S&P 500 down another three percent today, taking us into negative territory for the year, and down about 9% from this time a month ago. Still going to sit tight until the elections and see where this goes. Iíve got a feeling this is only the tip of the iceberg.
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