What happens to $SPY when the VXV:VIX ratio hits 1.24?
VXX with completion of bearish Bat pattern. 27-28 is a daily resistance zone. A close below 28 can expedite the reversal in VXX Pattern completion - 29
First pattern triggered the $SPY's rally to 195$ (see linked idea) Now we have a second pattern to follow - Pay attention to VIX Follow me on TradingView Visit my blog - goo.gl Subscribe to the newsletters - goo.gl
Synthetic covered calls using options are a good way to utilize capital efficiently as compared to buying the underlying outright and initiating, for example, a covered call. Were you to buy 100 shares of VXX at $14, it would cost $1400, with the current value of the short call reducing that cost basis by about $160, so it would cost around $1240 to put on, as...
Here's what I'm looking at for next week: VIX/VIX PRODUCTS . VIX finished last week at 16.50. I will look at VIX/VIX product setups early next week depending how the "horse does at the gate" (Monday). If we see a tight range in the S&P like we did pre-Draghi in prepation for FOMC, VIX could drift go a little lower Monday through Wednesday, in which case I will...
Long VXX UVXY or any other short volatility etf / etn to profit from backwardated term structure and pickup in vol
Found a nice and easy way to confirm my trades. Standard deviation, heiken ashi, and some general charting IN CONJUNCTION with simple gettrendstrategy provide some good insight. Look for a trend change, and a convincing breakout above or below previous channel, with appropriate slope (that's really your risk level). I use heiken ashi to confirm those trend...
Heading into the session tomorrow investors and traders are going to be watching these lines closely. It is my own opinion that the 210.31 line is major resistance, and that any surge above this line will be sold quickly back down into the 200 - 195 zone. The bull run i've mapped out with the pitchfork is from the end of the 2008 recession, and as you can see, not...
Breakout failed. Now lost 3 supports (red lines, 10 day MA). RSI broke too and below 50.
I will be a buyer if it closes above the red. I will short it if blue support broke.
Markets have dropped to extreme levels, down to a near technical correction, so I have to think that peoples' psyche will kick in here, and that institutions/HFTs will target all depressed "good" companies, and scoop them up for lower prices. Additionally, I am highly focused on options and overall market advance/decline trends. Regarding these, the P/C ratio for...
When we had our first rate hike in umpteen million years in December, I had a play like this on for a GTC fill to fade any volatility spike we might have in response to that. Of course, it never came ... . But thanks in large part to Chinese markets, I've now got that spike and will fade it here if I get the chance. Here's the setup: VXX Feb 19th 16/17 long...
AAPL showing weakness in its uptrend, this is actually a large bear flag pattern, we saw price break through the angled (dotted) trend line, It has consolidated after and created a head and shoulders pattern. It also has ran into resistance and 50% retracement level. Volume has also declined as price moved up showing divergence between price movement and actual...
Another bounce play, we have a triangle pattern or abc pattern forming on the bottom of this trend. Lots of buying action in anticipation of this move. The chart says the rest. Long at 19.67 with a tight stop just under. Out at 20.34.
I virtually never short a VIX product. I am, after all, largely a premium seller and, as such, am already short volatility in the vast majority of my setups. So, by shorting a VIX product, I'd basically be "piling on" to what I already do. I also virtually never do debit spreads ... . However, with FOMC next week, I thought I would at least consider taking a...
sorry for the late day posting guys/girls... But I was busy at work and couldn't get a chance to post anything/calculate my work.....I have stupid student loans that i need to pay and i have to work to pays those off...until i make enough money trading or working I got Bills that i have to pay.....but one day I hope i can become a day trader Please click the link...