Levels I am Observing: Green horizontal = weekly lvl Pink = yr open Light Blue = last month open Blue = Range lvl high/low Black = local swing high/low Red = daily / 4 hr SR flip Flow I am observing (via unusual whales) VIX & VXX = most active chains & highest OI - some 4.20.22 otm $30c-$40 & 5.18.22 $75c high OI, recent activity on 4.20.22 $50c & 60c (BULLISH...
The cash VIX at the end of June 2021 found very strong support at 15 and could not close below. Since that timeframe we've seen higher highs. Since Nov 4, 2021 the cash VIX has made higher highs and lower highs and is therefore in an uptrend until we make a lower low. The VIX uptrend can also be seen when zooming out on the weekly and monthly chart. Yesterday,...
Whats The Plan/Trade/Thought I purposely ended my March trades last week because I felt this week would be super volatile given the Fed announcements on interest rates. This play turned out well as I got to write VXX calls that end 1 Apr at an amazing price On the 15 March, I noticed that the VXX had stopped correlating with the market and I believe this...
Hi Everyone, Excited to share some good news for our fellow options traders! -One of the market's most popular instruments, $VXX, recently underwent an anomaly of an event that hasn't occurred in over 10 years in the volatility-trading space. On March 14, 2022, Barclays announced a suspension of share sales and issuances on the iPath® Series B S&P 500® VIX...
Nasdaq 100 bounced back from the lows of 12950 and had trouble with staying under the 13000 level. Put call ratio for the market (PCC) have been falling, which indicates more calls are bought than puts. Looking at the past levels of the ratio it seems likely that the ratio is ready for mean reverting at this point. However put/call for equities (PCPS) are high,...
By the Numbers - VIX indicates a potential Index Pullback approaching either Today or tomorrow. IT is currently sitting on 2022 Support. Protection is absent across the Equity Complex, an ominous sign once again.
Watch for the pop! If you haven't been in by now you probably live under a rock. It can go higher than $38 and might even blast through it.
One of the big market events today is the explosion in price of AMEX:VXX which according to the issuer Barclays has nothing to do with Ukraine or market events. I think it is tangentially related in some way to the market conditions but what does this actually mean for the near future of volatility? I look at TVC:VIX as a measure of the "fear index" of the...
Nothing has changed in this cycle...except that drawdowns have been very steep in individual names. Doesn't mean we will see bearishness in months to come...there will be big rallies...enough to strangle shorts and dump to kill longs. Best idea is to trade lighter and not to be greedy.
The pricing of the VIX futures tracking ETN VXX no longer reflects reality. Barclays has halted new issuance of both the VXX and OIL ETNs. Existing shares of VXX are being bid up far beyond the movement in the underlying futures market. As I mentioned in a previous post, (linked below), I believe the VIX is setting up for a breakout to the upside. I...
Whats The Plan/Trade/Thought I entered this position as I believe that we are currently in a sideways bearish situation. The markets took huge dips since late Nov to Jan and while it has recovered some of that loss. The S&P and especially the NASDAQ show that at least for now, the constant bold bullish days are narrowing Even though I am taking a sideways...
VIX looks to be exhibiting a bullish ascending triangle pattern. This could mean we are about to see a big drop in major indices in the next week or so (look back at 2018). Look for confirmation of it breaking out above the flat top and maybe a retest (resistance becomes support) before making a big move up.
Bullish Volatility! 55 EMA has now crossed above the 120. Looking back, this has not occurred since March 4, 2020. The time before that was October 15, 2018!! This is a historically valid pattern. I've been watching this thing for years and now is the time to stack volatility. The Russians are disconnecting from the internet, inflation is only going to get far...
Same highs, higher lows, stock maybe boom. Won't let me publish unless I say more, uhh, it's broken the huge resistence line that acted like a brick wall for the past 2 years.
VIX was on a steady decline since the March 2020 peak until around November of 2021. Since then, it has been on a steady rise making higher lows and higher highs. I am not sure what this culminates in, but it is something traders may want to take note of. I think that it could be a good chance to buy the dips in VXX or UVXY and sell the rips until the trend changes.
It's 1120am MST on 2/28, and I am expecting a further market decline. I already have a VXX call option in play right now and am expecting this position will end up in the money. It seems Russia/Ukraine war is starting to heat up despite the meeting between the two countries today. From a technical analysis perspective, there is another inverse head and...
Whats The Plan/Trade/Thought Market seems to be ranging with deeper drops. This VXX trade is positioned as a hedge as it takes a bullish market stance. I like this structure of having a broad market hedge and especially a position that expires early in the month. As I would still have a solid feel of the previous month’s sentiment. VXX seems like a good...
good evening, i initially expected es to go slightly deeper than it had originally did, and did not expect this random move up last week. was quite the short covering that probably caught a ton of people off-guard. --- after a 3 wave move up these last few days, we saw a sharp move down for todays futures opening session. this tells me one thing, es will likely...