Wt Sp500vix2.25 Discussion Threads

[cevahirs] 05/4/2023 15:45

feels like bad data is actually bad data now, market decided since yday to sell into bad data rather seeing it excuse for fed to go easy...bad data is bad now as the narrative is stagflation now and the high multiple where spx/ndx are trading

[mister md] 05/4/2023 15:20

or did you mean VILX 30 (would also be good for starters ...) ?

[mister md] 04/4/2023 19:35

yes VIX 30 would be good, but lets see it cross 20 first ...

[waterloo01] 04/4/2023 18:07

Indeed not an instrument to hold for too long. Added again today though.

[mick1909] 04/4/2023 16:23

Back in early march

[mick1909] 04/4/2023 16:23

I was about to get 3LSI 3 x silver leverage around the 20$ level missed the boat on that one its up 75% now

[mister md] 04/4/2023 15:12

Cheers Mick1909

Patiently awaiting the next VILX surge now ... markets seem very optimistic (complacent?).

[mick1909] 03/4/2023 15:32

Can see it slipping further inventories still 20+% above 5 year average with milder wheather coming will throw the kitchen sink at it if natty went below 1.5 though

[mister md] 03/4/2023 13:55

VIX up 5%
VILX up only 1% hmm

[mister md] 03/4/2023 13:20

Mick1909 post 7524: would you consider 3NGL to be an opportunity currently, its down 16% on the day and back at lows ?

[mister md] 03/4/2023 13:14

Don't see any (AT) trades showing so far today ...
Was interesting to see the VIX stay steady Friday as the US markets rallied into the close.
Buying VILX when VIX is under 20 is a lot less scary than when it's over 20.

[albert arthur] 30/3/2023 19:04

True, hard to nail this, technicals even partially go out the window, then there is the holding while the US market is open which always feels like a dice roll in this market... all being said great fun bouncing back and forth, managed to squeeze a nice 15% trade from ASC since yesterday, BOFO TR1 and now shorts covering.... Nearly sliced some profits here at close but didn't.

[mister md] 30/3/2023 15:23

Amazing that VILX hit 50p a short while ago and is now back at 25p.
Sort of proves you need to be a lunatic to trade it ;-)
My excuse being that the rest of my dividend-generating portfolio is rather dull ...

[mick1909] 30/3/2023 14:33

Earnings will start to decline these next few quarters as the effects of the rate hikes start to take effect The markets are resilient at the moment but once technicals are breached there will be that waterfall moment

[mister md] 30/3/2023 13:33

Have added a few in the 24s

[mister md] 30/3/2023 13:30

52 week range
17.06 - 36.64

VIX at 19, awfully close to 52 week lows

End of quarter fannying about keeping the markets elevated ?

[mick1909] 29/3/2023 14:15

The vix looks like its very close to the support line on the weekly price channel

[mister md] 29/3/2023 09:33

DS2P is a good one 2x DAX short but I suppose decay and currency movements impact

[mick1909] 29/3/2023 09:19

I know held 3NGL too long had 82k profit from previous trade into a 30k loss ouch in sipp

[zcaprd7] 29/3/2023 09:02

Holding as a hedge rarely works because of decay, better 24-48 punts I think? Try 3uls for hedging, although I might switch into the Dax equivalent...

[albert arthur] 29/3/2023 08:12

Back to trading proper stocks for a bit, leaving a hedge in flight here. Tempting not to average down further here.. if I do well in the stocks, will attempt to average down here...

[mister md] 29/3/2023 07:46

Remember the days when we had daily 2% or 5% moves in the markets ? All seems a bit controlled now. If the markets do correct further, I'm a bit concerned it will be a slow & steady drop, which won't do much for VILX... Then again, perhaps there are some more bank shocks to come ?

[cevahirs] 29/3/2023 07:06

It feels like VIX has been fixed in the last few weeks or months maybe, fixed in the sense that it's kept/pushed down articially low. I think this is because of the Zero Day to Expiry (ODTE) options in the market, they're bought in massive volumes on a daily basis (mostly with a buy/call bias) and as long as SPX is up almost every day or any dip is bought almost immediately w/ 0DTE options, VIX will continue to be suppressed....with all the risk going on in the world, VIX remain most of the time recently below 20! now there's something wrong there no? long story short, the extensive/increased ussage of 0DTE i believe masks the hidden dangers to the real economies and creates a false sense of security which in a positive feedback loop continues to feed on itself

[waterloo01] 28/3/2023 19:22

Not really, another bank going would cause a bigger drop that 2%. You get 2% when they don't like job numbers, or CPI or any sort of measure, let alone when higher for longer is properly accounted for