DaddySawbucks

VIX FALLING WEDGE: Ready to Blast off?!?

做多
DaddySawbucks 已更新   
TVC:VIX   恐慌指数
Been accumulating September calls. Into 100 now, 17s, 18s. Falling Wedge. Trade at ur own risk, GLTA!
交易开始:
Added Sep 22 $17 calls. These odd-weeky contracts have wide spreads, always try to enter at mid-spread, close a dime above bid using limits, never market orders.
交易开始:
Added a few now holding 100 VIX Calls, September strikes. They got cheap, futures are crushed.
评论:
These are not for the faint of heart; my drawdown over 2 days is $2K. A pop would be enormously gratifying, huge leverage. IF it fails, these get crushed.
交易开始:
Closed the September contracts on early lift ITM, leg into Octobers, do not hold short-term contracts over weekend!
交易开始:
Re-entered in Oct $18s for $4.90 on the weak retracement rally. Might creep higher again...
交易开始:
Went ITM again and closed. Holding nothing overnight! Re-enter at favorable price.
交易开始:
Buying Oct $17 calls. They are EXPENSIVE; the $17 call is asking $4.90, the $17 put is asking only .80c, 50c in the money!! Where do they think it's going...!
交易开始:
Added now in 20 Oct $17 calls.
交易开始:
Doubled down and added September $16 strikes. 100 calls now
交易开始:
Flipped my calls on early weakness and re-entered in 50 calls EOD. $17 Oct strikes.
交易开始:
Squeeze always hardest just before it pops. Adding and re-entering into Oct $16 strikes as they fall OTM.
评论:
Loaded up on 100 October calls, 16s, 17s, holding 18s
评论:
News feeds full of free advice; "Buy MOMO BigCap Tech stocks!" Market Internals improving, go long S&P"
Usually clear warning signs = complacency, enthusiasm... break soon IMO

Added 20 OCT $16 calls
交易开始:
Got 20 more now 140 contracts. Big bet...
评论:
Added 10 more $17 strikes now in 150
交易开始:
Closed and rolled series on Fri AM vol, see related post
交易开始:
Back in OCtober $18 call strikes, $4
交易手动结束:
Closed all out at $19 VIX; might bounce here IMO
评论:
Futurz bright red probly gonna get a hella pop here
评论:
Buying the $18 october calls, short the rallies IMO
交易开始:
Closed out the calls EOD, nice bank, exceeded my expectation for Friday. NO powerhour, closing LOTD!

Holding a few UVXY in case. Might bounce at open, or dig deeper to gapfill, then bounce.
交易开始:
Back in it holding 50 October $19 calls. Big bear soon IMO
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