My Shorts are not working...for now $SDOW

in LeoFinance9 months ago

I shorting this sucker in September. Maybe it is the wrong move but with the SPX only being down 4 days out of the last 31 I believe a pullback is coming. AAPL volatility is rising, VIX is rising, VXX calls are being bought. I am looking for a fast down move at some point next week.

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I'm with ya buddy! I put on a VXX position on Friday, long calls while doing a put credit spread at 24. Just need VXX to be above 24 come Sept 18th and I make profit. If we get a spike to 34 then I make so the real money!

Elsewhere, I'm still short the SPX, fighting it the whole way up. No consecutive down days for this long is wild!


Posted Using LeoFinance