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Why Is The VIX Concerned?
After the quickest collapse since the first week of the year (another congressional "fold"), spot VIX is now heading towards its highs of the day. The divergence between an ever-rising demand for the S&P 500 at all-time-highs and the bid for VIX is notable to say the least... or is this demand for calls (because when you know it's going up, why not lever up as much as possible?)...
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Vix? LMFAO! Run that comparison back a few more decades motherfucker.
"Why Is The VIX Concerned?"
The VIX is not concerned: the only concern around is from those shorts that will never learn...
Just smear some vapor rub on that and walk it off, it'll be fine...
Fuck the vix, useless indicator like tits on a bull.
bought to you by the CBOE, Crook Bastards of Evil.
The capital markets, predicated on bullshit. So, let's have more bullshit, maybe the pile will cushion the fall.
This is getting very scary. I have seen this movie many times before. AMZN CMG GOOG. We never learn, we just never learn.
That is what makes it a great money-making opportunity. Stay long as long as the printing press is operating, go short as soon as it stops.
Unfortunately for Bernanke, I am not the only Captain Obvious in the world, so if he stops printing, the market will collapse almost immediately.
I'd argue you get long before the printing starts and go short before it stops.
Your argument utilizes clairvoyance, his, while certainly less profitable and magical, is also less risky.
Over.
indeed. Just the same, I think I will exchange some more paper promises for physical assets and wait for all ya'll, over here, on the other side of the boat. However, since it's friday and folks want to get the weekend started, why not do some crack....
http://www.marketwatch.com/investing/Fund/FAZ
Lol. Well I'll join you over there then.
No it doesn't. You merely need a bit of notification before these events occur. Sometimes called "inside information". I'm pretty convinced that the markets, at least the big players, use it generously.
But since you don't have it, better to stay away.
I started trading in 2011, a couple of days before the summer crash. I went long equities with my first savings. Ever since, I have been damaged, even though the presses are warm, I am still mentally damaged by that first experience and horrible timing for my first entry into the stock market.
Buy to the sound of Canon's sell on the sound of...[silence].
Before his time was old Nath'.
Re: We never learn, we just never learn.
"Learning" implies people have the ability to make choices.
What if, instead, the percentages of pathologically-optimist dumbass males is always (roughly) the same throughout history.
Dude, let's kick-ass dude. Dude, you got that right. No guts no glory dude. Dude, you da man, dude. Dude, let's do it.
There is nothing to learn. The pathologically-optimist dumbass males eventually gets the females with the biggest teeth.
dude... where's my investment vehicle (I mean car)?
The Bernank wiil beat it down if it tries to get out of control.
From what I'm seeing in options today it's definitely a demand for calls. Which means we should get a sharp pullback sometime between now and the 3rd week of November to scare them out. And when I say sharp, I mean only 2-3% because there are just too many buyers right now to push it down more than that barring some tail event like an Isreali strike on Iran
for a quick scalp I bought SPXU yesterday and unfortunately might be taking some heat for awhile. I think that 1690 area has been for months now a convergence area, so looking for that area.
aside from the physical PMs position, for trading any big dips in PMs and rips in stocks at this point will be buying USLV and SPXU, respectively. Go ahead, take down the paper metals and make the Asians' day.
Also, from watching the ticks what I'm seeing is not necessarily a flood of buyers, but just a lack of sellers. I know it's hard to tell sometimes but the ask just keeps being dragged upwards. I guess that makes sense - people are sitting on 20-25% gains, why sell now when Bernanke virtually guarantees you won't give back more than 5% of that and you would have to pay taxes on it in a few months if you sell now
unbelievable to be watching ES hit 1640 last week last week at my terminal with the ES MD Trader, only to see it now at 1740. I have stayed away from trading ES with the futures themselves but when it gets this overbought I am not making a call on 'the' top but just looking for a pull back with leverage to max gains. Wlil probaby get out of this trade if ES hits 1752 or something. Although honestly chances of ES not going down to at least upper 1600s 'relatively' soon pretty slim IMO. It mattered that it went down to 1640, chart-wise.
I'm hearing a big Feb call trade. +160,000 about $6.7mm.
That is a ton of time premium to pay. I like to buy calls in the next month every time ES slips below the lower Bollonger Band on the daily chart (or any other time frame). Check out the performance this year
Bug out bag?...check.
VIX is too cheap to pass up here. There's a 3 months window to either save the economy or save the Dollar. The elite doesn't care about fat asses on scooters and their access to "affordable" health care. The elite cares about building and preserving wealth. They've built quite a bit. Now it's time to start thinking about preservation.
I forgot the VIX rule, was it not to buy at 9?
You cannot really buy the VIX. An ETF like VXX is a possibility but still looks like a mug's game given the return of contango. You could buy VX futures for say Feb or Mar but they ain't cheap, or calls on any of the futures - adding a triple digit vol to the already elevated forward level (depending on strike, ATM is "only" 70ish).
Sorry, but if they are concerned gold is still the only feasible protection. I still like phys gold protected by in the money paper puts, it generates cash in a paper bear market and if the SHTF you just run / stand your ground with that phyz.
Do not over complicate things guys. It is volitility, it is cheap and something will happen to spike it. I am lazy so I do covered calls on VIX ETFs on the slopes and exit on the peaks. Wash, rince, repeat. It's a lumpy way to make money, but it is working so far.
I prefer to just ignore all this nonsense in the rigged casino and make a few hundred bucks a nite hustling pool. Those sharks are nothing compared to the Wall St bankster/Wash DC cabal ones.
Have you heard about this ominous VIX/VXV ratio of 0.91? It's apparently a good signal for not being "in" VX/VXX - sounds like b/s to me but it has made a ton of money for the shorts and saved the longs a lot of pain, even after it was "discovered" in late 2010.
VXX hit its all time low today on OpEx... Congrats to Mr. Simon Potter for a job well done!!
VXX at this price down to 10/share is too cheap to pass up. For those that are willing I'd say just imagine when SPY drops to 80 ... could take a year, could take 2 years but VXX will be there. You'll probably see 10.28x to 22.37x rise in VXX at that time. That would be very sweet indeed. Normally I like options but VXX is so cheap & no expiration date for holding those shares.
Run the VXX chart out 5-6 years. Nothing say manipulation like that chart.
How true. I got my ass handed to me on several occassions with that piece of shit, mostly because of the erosion of the time value. The ETF is tied directly to the futures market, and it is constantly being rebalanced, especially during flat markets. All else equal, I think all these fuckers go to zero.
I did a scatterplot on it first. In the worst of times it goes to -11x ETF equivalent to SPY (11th negative power; spy up vxx down) but over time on the rises (and ONLY the rises) it can be -3.0x to -4.3x (spy down; vxx up).
spy being about 1.00 linear to s&p500 (not quite).
I figure from this level if there's a rise it will be a nasty sharp one up & you best sell when SPY drops to levels like 120, 100, 80, 70. If you have a fair chunk you can sell at each of these levels. I don't, yet, but it's at the target I projected as useful (for SPY=180; VXX at 11.50 or so; it's higher now but not MUCH higher)
MOAR FOMO! foMO fo MO fo MOOOoooo!
Of course, because there is no more 'down' any longer....that will never happen again some morning right when everyone is all-in leveraged to the gills....uh huh.
'You know it's going up.... hell everyone knows THAT...even my shoeshine boy and cab driver can't shut up about all the calls they're leveraging up'.
Uh huh....famous last words.