$VIX Closed below its Bollinger Bands

8 thg 8, 2018

Volatility is underpriced, VIX just closed below its Bollinger Bands, this is an ominous sign, it could spike.
I set a buy stop limit on VXX , buying short term calls could be another option to trade this.
Let's see what happens.

11 thg 8, 2018

Ghi chú

Did not go long VXX , instead shorted SPY at $285.00
Let's see what happens on Monday.

15 thg 8, 2018

Ghi chú

From 10.90 to current 16.00 is a 46% spike.
Still short SPY
Most G20 country stocks are in a downtrend.
When BB contracts and price close below it, then a spike is highly probable.

20 thg 8, 2018

Giao dịch được đóng thủ công

$285.68 out of SPY , overall trend is up