gmg733
788 posts
msg #135284
- Ignore gmg733 |
4/5/2017 4:05:17 PM
I was just thinking of you. Glad you covered. This was an ugly close. I added some short delta to my short vol options portfolio.
We need a rest in the market.
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karennma
8,057 posts
msg #135293
- Ignore karennma |
4/6/2017 8:54:58 AM
@ gmg733
The root of my problem is, I SOLD and I cannot buy back where I bought.
I can't make up that money, even if I buy a dip.
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karennma
8,057 posts
msg #135304
- Ignore karennma |
4/6/2017 11:55:25 AM
karennma
6,486 posts
msg #135260 4/4/2017 2:00:18 PM
April $880 put are only $550-
That's real CHEAP!
karennma
6,486 posts
msg #135261 4/4/2017 2:00:43 PM
puts
buy 5
====================
Shudda kept the puts. I would've been up $1K now.
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Kevin_in_GA
4,599 posts
msg #135321
- Ignore Kevin_in_GA |
4/7/2017 12:12:01 PM
Heads up - ^VIX is in backwardation (has been for the past 2 days). Not sure how long it will last but it typically reverts pretty quickly. May want to be short-biased on any equities for the next few days.
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karennma
8,057 posts
msg #135361
- Ignore karennma |
4/10/2017 10:50:52 AM
pthomas215
635 posts
msg #135262
- Ignore pthomas215 4/4/2017 2:19:35 PM
long BWEN at 7.80
===================
$8.50
Did u get out?
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mahkoh
1,065 posts
msg #135364
- Ignore mahkoh |
4/10/2017 2:38:33 PM
Short SOXL (74.45)
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jmnn
16 posts
msg #135365
- Ignore jmnn |
4/10/2017 2:43:41 PM
Kevin what are your thoughts on the cotango levels for TVIX right now? The F4-F7 cotango levels are very high considering the growing backwardation for the F1-F2 futures.
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Kevin_in_GA
4,599 posts
msg #135366
- Ignore Kevin_in_GA |
4/10/2017 3:06:50 PM
Contango for the ^VIX is at -3.84% as of 2:45 PM today (in backwardation). F7/F4 contango (for ^VXV) is at +9.44%.
TVIX should do well under these conditions, but backwardation is usually quite short-lived. I just took a short position in TVIX anticipating a reversion to the mean, but it is a small position that I can add to in case this period of backwardation is more prolonged.
For the F7/F4 contango you would probably short VXZ.
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mahkoh
1,065 posts
msg #135367
- Ignore mahkoh
modified |
4/10/2017 3:12:47 PM
If GDX breaks above 24 Chikou Span will be clear of resistance, we could see a runner.
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jmnn
16 posts
msg #135368
- Ignore jmnn |
4/10/2017 3:35:08 PM
Seems to me the wider the spread between the two cotango levels the more likely a snapback will happen with the F1/F2 cotango. Not sure there is any fact behind that theory or not. Just an observation I had.
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