VXX - Gap Fill @ the .382Indies need to fill those Gaps, we're going to see Calls begin to unwind quickly today
after the FX accident, we've been waiting on for V.2 to begin - it has.
Oops, Christine - ya dropped the Eggs.
No matter, NYC will pick it up and run for the AM SESSION.
We're down... waiting for Fills.
___________________________________________________________________________
Sh_t Mixed soon enough.
GRN trade ideas
VXX - Cow TippingCattle Pens at th4 StockYards are FULL of BULLs.
The Dippers are perplexed, what with all the
Tweets from the FED on deck today.
Jerry and the Kids continue to CowBell their
way to another Prop.
Of the 5 FOMC Members Bullhorning Today, the
GOOD Fed / BAD Fed undertow is in Trade.
_________________________________________
Step 1: Divorce Labor from Juice
Step 2: Divorce Rates from Taper
Step 3: Look over here, Taper... ah, well it's...
Step 4: Keep DC off the Pedal, Choke Hold
Step 5: Prop Up Money Markets
Step 6: Confuse 007s
Step 7: Return to Step 1
_________________________________________
It'll be OK...
psst - BUY Protection xoxo - Jerry
VXX - Fasten Your Seatbelts 😦Just a simple but potentially powerful chart.
In line with my SPX market crash call - see linked threads .
Bullish divergence on VXX since April.
Could it be nothing? Yes it could but I've done my work on SPX also and I think it will be something.
Looking back, other bullish divergences that amounted to nothing were quite choppy, but this is clean.
Not advice.
VXX - Reaching Gaps overhead, with New Lows in the Trend.
The VIX Curve remains well spread from M1 - M3.
CASH/SPOT @ 14.98
VIX 11/21 @ 18.75
VIX 12/21 @ 20.70
VIX 01/22 @ 22.35
We are seeing the 400 Tick Settlement Spread come in... it
gained 23 Ticks on Close yesterday.
The ES completed the run to our Price Objective @ 4546 to
the TICK this Morning.
VXX Bearish inclined Naked Calls 15 Oct Expiry (Oct Track 2)This is my Track 2 trade that takes up 33% of my fund (excluding margin allowance)
This trade currently is aligned to the greater market direction which is bullish/ranging. There also seems to be some positiveness in the reports with inflation cooling and businesses still retaining their workforce despite the Delta virus impact. Have to keep an eye on the market so that I can react accordingly as could shift out of this ranging stance
Sold 55 CA;;S @ 1.01 Strike 40
% to Strike is 33.5% from entry
ATR percentile is low, but it seems like all stocks this monthly have a low ATR A%
Max Gain: est $5555
Total BP Block: 70K
VIX, neutralVIX is the opposite of US500, so it should move in the other direction
Friday was a red day for VIX despite it was a red day for US500 too, so it is a divergence that will push one of them to correct its pathway
I can see higher lows on the daily VIX chart
Further confirmation is required for bias
Wait and See
*charts are SPX ES SPY (cfd/future/eft)
**the lower window is correlation coefficient indicator vs US500
VXX - Sideways into the "Move"We continue adding to our Buy to Opens in the M1/M2 VXX Short Dated 30 day rolling maturity.
Front Month M1 has held support repeatedly, 18.60 for the M1.
Daily Weekly Monthly Supports are holding and presenting a large opportunity for levered gains.
VXMT is supportive of a move higher.
Probability remains extreme @ +86%
VXX - Volatility IMPLIES a reversal today 86% We are loading the woodshed on VXX and the VX Curve M1-M3.
The comical chase is having second thoughts.
NVDA is a prime example... utterly devoid of common sense.
Simply more chasing of Big Green Bars.
We are bag holders of 75 NVDA Puts:
225
223..75
222.5
221.25
220
Alex sez load em up HK
She was correct, on balance +13.88% at present/more to come.
VXX - ES Weakening with even greater Technical DivergencesVXX coming back to lower end of Range.
We are preparing for a large Selloff in the next 48 hours.
VXX Entries are Laddered down to 24.50 from 27.05.
M1/M2/M3 VX Curve as well M3-M4 provide pressure for now...
Only for Low Participation - We anticipate a High Tomorrow at the
latest for ES.
It can hold off as late as Globex... we'll be 40% into our SELL with
the follow on SELLs into September TF 8th - 21st.
December will be our Futures SELL, SEP the Hedge.
VIX - ConvergenceCASH/SPOT VIX will converge with AUGUST CT @ Close as it always does.
As we move from AUG M1 settle into SEP (M1) / M2 (OCT) the spread is now
24 Ticks.
Pay close attention to how it squares end of day.
It will provide solid indications for Thursday/Friday EOW trading.
Settlement has a decided SKEW to those paying close attention :)
VXX - Adds beginning @ 1K per Handle to 25M1/V1 & M2/V2 Roll is in trade.
Settlement occurs the same day (Wednesday)
as the FED Minutes.
We're cool with being early, it's better than
late when this blows up and it is setup to do so.
The Speculators want a massive blow off.
5K ES everyone.
Yeah, naw. Not yet, we need to see a panic sell
in order for the FED to double down... and they will.
Then, we will see these insane targets for ES YM NQ RTY.
The VIX is going to explode higher when it reverses, 30%
in a single day as the reversal takes hold.