shillllihs 6,049 posts msg #133864 - Ignore shillllihs modified |
1/24/2017 3:27:20 PM
That's a good trade but I've taken it off do to being wishy washy and market seems frothy.
I've been in Ugaz, Uco, Ung and about to go long Tvix.
|
shillllihs 6,049 posts msg #133865 - Ignore shillllihs |
1/24/2017 3:38:10 PM
You can hold 20-25% Xiv through the correction and buy in 25% increments at key levels on the way down,
or 75% in one swoop at a perceived bottom. You will always have some skin in the game
in case you're wrong. BB. and Acc. B. are good for this.
|
pthomas215 1,251 posts msg #133866 - Ignore pthomas215 |
1/24/2017 4:38:19 PM
good deal. I do think it is frothy. on my filters that pull up weak etf's, the ones that come up are vix related. gonna wait and buy in xiv as you suggest.
|
shillllihs 6,049 posts msg #133871 - Ignore shillllihs |
1/24/2017 10:36:06 PM
This strategy should only be used in a an up trending market.
I bought a little Tvix.
|
shillllihs 6,049 posts msg #133872 - Ignore shillllihs |
1/24/2017 11:03:30 PM
Good job Kevin. If you add this to C2, maybe you can grandfather or special price all SF
members in at $19 a month.
|
Kevin_in_GA 4,599 posts msg #133878 - Ignore Kevin_in_GA |
1/25/2017 11:15:53 AM
I'm done with C2 - more focused on personal trading than marketing. Given the pricing and challenges with keeping subscribers for more than a few months, it is not really worth the time and effort that one puts in.
|
shillllihs 6,049 posts msg #133879 - Ignore shillllihs modified |
1/25/2017 12:35:32 PM
Looking for a XIV reversion to the Weekly Acc.B(21) mid band sometime in the next 2 weeks.
How long can this really go on. Can't be long now. If candle goes red, I think it's on.
|
Kevin_in_GA 4,599 posts msg #133880 - Ignore Kevin_in_GA |
1/25/2017 1:55:59 PM
Here's my thought - volatility is mean-reverting, but LACK of volatility is not. Or at least not at the same rate. I have been long XIV since 11/22 (in at $42ish) and added to my positions at $50. Still holding back a large majority of my capital, which in retrospect was stupid.
I will stay pat until the contango drops below 5%, and exit then. Will re-enter when contango is above 5% and the VXV contango is lower than the VIX contango (confirmation signal). Good luck.
|
shillllihs 6,049 posts msg #133881 - Ignore shillllihs |
1/25/2017 3:49:56 PM
How do you find the Vxv level at Vix central. Is that the 3rd month? What's the level now?
|
Kevin_in_GA 4,599 posts msg #133882 - Ignore Kevin_in_GA |
1/25/2017 5:54:43 PM
It's at the bottom of the first page, titled "Month 7 to 4 Contango" - currently at 11.24% with the VIX contango at 10.67%. The fact that the 7-4 contango level is higher right now is (to me) a cautionary signal but not enough to close out my XIV trade. If the VIX contango gets below 5% that is a red flag for me.
|