Title says it all -We are looking to get VERY LONG the VIX on any dip below 10 - this is not a trade for retail traders but rather for professionals - do your own DD #Crypto #Trading #Stocks
UP 50% FROM THIS LONG CALL A FEW DAYS AGO - NO POSITION FOR US IT NEVER GOT BACK TO OUR 10 OR BELOW ENTRY POINT
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Be VERY careful if you got long this name VIX at 12 or so - a trade deal with China out of the blue and this name drops 50%
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CLOSE YOUR LONGS IF YOU TOOK THIS TRADE - Now. A SUGGESTION.
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Be VERY careful right here this morning if you took this long trade - again we would close it right now whereas it can blow up in your face overnight.
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Hopefully you took our suggestion and closed any longs - this is one instrument we know cold.
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Time to start watching the VIX once again and looking for the 10 area as one last market pump into the summer before a MAJOR market fall in Sept/October - looking to get VERY VERY LONG the VIX at 10 - do your own DD and this is not for the retail trader.
Unfortunate.
Is Powell still shorting the VIX? XD
I sense we are going to hear from some hedge fund that went bankrupt. Again.
NewYork888
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@MrRenev, That could be very true we'll see - yes we missed this one by waiting for 10 or below but that's ok besides that's why we're solvent and I think we still get there before the S&P crash. Thanks for the comment.
JonathanNg44
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Hi London, I’m a complete noob with regards to trading vix. Could you please enlighten me on which instrument you use to trade the vix?
ETFs or is there a underlying tradable futures contract. Thanks!
NewYork888
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@JonathanNg44, Hello and thank you for the comment but the answer is no - as we posted this is a trade for professionals only and there's a very good reason for that. Please come back after you'd studied the VIX if you'd like in the future. Good luck.
NewYork888
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Please see most recent update
dRends35
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Up 100% wow
dRends35
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I'm not in the know, but seems like great advice - thank you. Seems like @MrRenev also knows a thing or two.
NewYork888
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@dRends35, Yes he really does -he's a great follow
UnknownUnicorn3809107
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In your professional opinion, will this bounce be sustained for more than a couple days or do you see 30% using all its fuel?
NewYork888
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@AJ-0293, No and here's why - we feel strongly that there will eventually be a trade agreement with China that will be the last "trap" or major bounce for S&P longs that should push the VIX at or below our price point of 10 - thank you for the comment. @dRends35
Is Powell still shorting the VIX? XD
I sense we are going to hear from some hedge fund that went bankrupt. Again.