VXZ trade ideas
Long break outLooks like VXX met resistance then broke up, a daily higher high on monday would be very bullish for VXX $SPY $QQQ $IWM
$VXX what happens next? Recession to Recession$VXX what happens next?
Recession to Recession.
Be careful
VXX - cheap downside protection?AMEX:VXX
Long 26.40
Stop below 25.00
Volatility has almost never been this cheap - nice way to hedge a portfolio with a tight stop
Potential H&S - Market is about to reverse longGood day folks,
The title says all; we could have a Head & Shoulder showing up on VXX. Nothing sure yet, but look for the right shoulder. My opinion is that we could see a reversal tomorrow afternoon or Wednesday.
Thank you,
VXX long opportunityLooks like we are setting up for a nice pop in the VXX over the next week or two. I will be buying pullbacks early next week
Good chart-gan fans with backwards fib times, 2nd shot VIXX <3Because the vxx bounced higher off the gann fan level top,
vxx has a tendency to bounce above then go below...
vxx has a tendency to bounce off the middle of the gann levels
this pattern looks similar to the pattern where vxx next established a lower support, (lower and bounce)
the rates of interest are getting raised, so that is a midterm(week+) sign of higher vxx
the trend line crossovers have been a good area of action for stocks ipso facto vxx*
Expecting $VXX to bounce off of this BB like it typically doesExpecting $VXX to bounce off of this BB like it typically does
VXX - The UndertowThe Vixx, or volatility index- used as a hedge against downturns in the SPY, Where the spy hit the previous high, the VXX turned appropriately with as the spy touched the price top the vxx did not hit previous lows,
The ride continues, consider the gan box at previous highs, before considering more extreme levels.
SPY did not hit above the mark and is down, and for now lowest has been hit
VXX: Preparation for short trade #4Looks like a pretty nice setup for VXX heading higher to 36-40 region first, followed by a dump to 30
VXX short prep time #5VXX short prep time #4 didn't happen since we didn't really get to the resistances. But we have satisfied the downside target as outlined in the idea. This means, we need to start looking for the next set of resistances.
In this case, I am actually going long VXX into the 34 resistance because of how the indicator is forming higher lows, while price is just hanging around. This to me, implies bullish behaviour
Of course, at the yellow resistances, I will start initiating short positions. But in this case, I am going small size since the broader markets seem to be in a pretty interesting position
VXX - Some 'pre-tection' -a nice day to trade!
-Have a few open positions, will use AMEX:VXX to gain some downside protection
Other reasons including:
- a juicy skew
- China(always a reason :D?)
- no really China, their currency MOEX:USDCNY OANDA:USDCNH has weakened +- 7/8% in 3 months (nice correlation with OANDA:XCUUSD at the moment though)
- Israeli airstrikes (maybe think about some war stocks)
- JGB's move today (10y)
- wishfull thinking but a little blowout like Jan/Feb...? I'd take 5 pointer thanks
- Interesting volume profile as well (RHS)
OPENING: VXX AUG 17TH 38/40 LONG PUT VERTICAL... for a 1.34/contract debit.
Metrics:
Probability of Profit: 56%
Max Loss: $134/contract
Max Profit: $66/contract
Break Even: 38.66
Notes: Adding a smidge of short vol product here ... .
Buy VXXBuy this ETF for longer term
a) Wave 2 completed at 78.6%
b)Bullish divergence
c) Has a potential to double investment
OPENING: VXX AUG 17TH 39/41 LONG PUT VERTICAL... for a 1.40/contract debit.
Metrics:
Probability of Profit: 61%
Max Profit: $60/contract
Max Loss: $140/contract
Break Even: 39.60
Notes: Putting on a smidge of short volatility here in VXX on this pop ... .
