I can't sleep with just position sizing and a large cash position on a short UVXY, TVIX or even VXX trade. I need at least a 50 percent black swan hedge with some OTM calls, although I am thinking about using VIX calls instead of calls on the underlying. Thoughts?
I do some LEAP puts on UVXY and if the sponsor hadn't changed it from 2X to 1.5X I'd be winning right now on my Jan 2020s. I am winning on my 2021s and I think the 2022s list today, actually, although I'll wait for a better entry I think. Just a FYI: I sell shortterm far OTM calls to bring my...
Yes design-wise this is exactly what I seek only cheaper and preferably just the monitor not the PC. Hate using Windows except when I have to, and a powerful Mac is good for both, and I have that already.
If I am, say, short 100 shares and long a protective call, my risk is capped at the distance between the stock and the strike, no? I've found that my bigger worry, on a practical level, is when a broker increases margin on certain shorts to over 100 percent or they just buy back my short if the...
Very cool. Price is reasonable. Wonder how well it works with a MacBook. Referring to the sliding screens on a laptop product. If it works well and is relatively seamless, it seems like a great idea, although part of my reason for searching for a folding desktop mintor was because of lousy...
Yeah, I'm a bad hub; I take over the dining room table sometimes. So the aforementioned TV option really doesn't work (and I already use a laptop for the computer), but thanks. I saw some nice table tablets but they were too expensive, a little too large, and I don't want a tablet unless I can...
The wife hates looking at the arrangement, laptop, desktop monitor, I sometimes set up and leave on the dining room table on weekends. If I could fold the monitor flat it would be great. I could do a desktop embedded into the monitor that folds down, too, but I want this to be reasonably priced...
Specifically, shorting TVIX and hedging against a sharp large drawdown with long VXX Far OTM calls. I usually keep about 70 percent of this account in cash. Some I hear do 80 percent cash and lighten up on the hedges. But what I was wondering was how to utilize the Kelly formula to this kind of...
Ok. Let's say I have 200k in an IB account and I grind out a decent return selling ES credit spreads or whatever. I am also a writer who deducts home office, research, etc. I may also run some money of family and friends (non-accredited investors) in the IB family and friends account management...
Looking at that guaranteed long-term loser UVXY.
Now there are many ways to trade this ETF, but looking only at short LEAPS, would an ATM, DITM or OTM offer the best ROI-probability ratio when the LEAPS become available -- next month, I think?