shillllihs 6,090 posts msg #133050 - Ignore shillllihs |
12/5/2016 7:27:43 AM
Long XIV, short TVIX.
There will be no major bounce in VIX until XIV goes over 50.10
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Kevin_in_GA 4,599 posts msg #133052 - Ignore Kevin_in_GA |
12/5/2016 7:52:46 AM
Looks like the short TVIX call is right first - TVIX down another 7% in premarket.
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c1916 77 posts msg #133056 - Ignore c1916 |
12/5/2016 12:08:15 PM
Thank goodness that's the signal I chose to follow by going long XIV at $41.50 on December 2.
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shillllihs 6,090 posts msg #133058 - Ignore shillllihs |
12/5/2016 5:03:05 PM
Xiv will clear 50.10, then Spy will fall to 182. This is the range.
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Kevin_in_GA 4,599 posts msg #133062 - Ignore Kevin_in_GA |
12/5/2016 6:59:30 PM
Just got the signal to close out the current TVIX short position at the open tomorrow. It is currently up 13.77% (I missed this trade waiting for TVIX to hit $12.75, which it didn't do - my bad).
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matt 15 posts msg #133064 - Ignore matt |
12/5/2016 7:40:22 PM
Is this a different SS signal you are using, Kevin? Or is it the SF ETF short filter or something else?
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Kevin_in_GA 4,599 posts msg #133065 - Ignore Kevin_in_GA |
12/5/2016 8:27:17 PM
It is a set of SS filters specifically designed to short trade TVIX - I have not posted the filters but will share the signals when it makes sense to do so. I usually post these signals and all of my 3x ETF SHORT filters in my other read-only thread.
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shillllihs 6,090 posts msg #133073 - Ignore shillllihs |
12/6/2016 1:36:05 PM
Gonna close my Xiv long and Tvix short for a very nice 6% at 10.13.
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shillllihs 6,090 posts msg #133074 - Ignore shillllihs |
12/6/2016 3:07:38 PM
Learning you should NEVER EVER be long Vix in contango, unless you come up with some super filter
that catches that once a year spike. Better to sit out the market and only short it when signals say short.
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shillllihs 6,090 posts msg #133077 - Ignore shillllihs modified |
12/6/2016 3:29:35 PM
I have no play, the only thing I think I know is that Xiv will clear 50.10 before tanking. Getting frothy here so may sit out a couple weeks and smell the roses.
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